Dave Ramsey got you an 800+ credit score. Someone that says abandon all debt and close all your accounts? Interesting. If you actually followed his advice it would ruin your credit.
Aye fukk Dave Ramsey
- Thread starter Nuke Dukem
- Start date
Mr Hate Coffee
Veteran
nah I had an old book of his where he said to open up 4-5 cards and pay the balance each month. Apply for credit limit increases whenever you can and voila you have a very good payment history and low credit utilization ratio
Mike Nasty
Veteran
I doubt you ruin you credit score by paying off debt. It didn't ruin mine.
If you don't use and maintain credit and get rid of all your accounts it will ruin your credit. Part of the reason he tells people to get underwriters that can do it without using a credit score is because once you abandon credit entirely it ruins your credit. The credit system is designed for people to use it and show they're responsible.
DOESN'T MEAN THE STIMULUS DOESN'T HELP.
made it 44 seconds in. if you have even a modicum of econ and finance knowledge, you're hitting the 
Bet he welcomed the Trump tax cuts with welcome arms
Software
RIP Future Gohan
He's only saying that because the more in debt and financially broken people there are then the more people will come to him and buy his products 
Think about it. If everyone stopped struggling financially then he no longer makes any money
Read between the lines
His baby steps for getting out of debt and budgeting advice is good but anything outside of that you gotta use your own judgement
Think about it. If everyone stopped struggling financially then he no longer makes any money
Read between the lines
His baby steps for getting out of debt and budgeting advice is good but anything outside of that you gotta use your own judgement
Dave Ramsey said that? He is vehemently against credit cards, you can't even buy shyt on his site unless you have a debit card. He even thinks the CC rewards system is garbage.
NZA
LOL
his show is only good for hearing the really wild stories people tell when they call in. the advice itself is almost useless except for maybe the debt snowball, but even that is only good for people who lack self-control. dave himself has been bankrupt and rescued from the money he owes to other people, so he should understand the value of debt forgiveness.
Silkk
Can't Change My Damn Avi :beli:
Excellent PointHe's only saying that because the more in debt and financially broken people there are then the more people will come to him and buy his products
Think about it. If everyone stopped struggling financially then he no longer makes any money
Read between the lines
Mr Hate Coffee
Veteran
could’ve sworn it was him. Maybe I got him mixed up with someone else.
This was like in 2006 tho.
It's really is mostly the entertainment value of hearing these crazy situations people get themselves into. Another one that was entertaining was Suze Orman's "Can I afford it?"
I'm not really sure why people call into these shows when they already know what the host is gonna say before they call.
Dave is always gonna say cut up the cards, sell the car, get a beater, and start delivering pizzas on the weekends.