Credit card balances reached a record-setting $866 billion in the third quarter of last year.

Chrishaune

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And it was all orchestrated......


You're telling me companies don't know they aren't paying enough in wages for the average worker to keep up with the cost of living?


No it's all slavery disguised as an economy.

It doesn't matter how much money you make, inflation is designed to take it away over time.
 

Originalman

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@Originalman how do we capitalize on this :patrice:

:patrice:hmmm thats what I been thinking about breh. Unless we get in the game where you let folks get on your credit card (not letting them get an actual card) and to help bump up their credit score cause jokers credit gonna be trash. Basically trade lines.....never tried it and don't trust folks. But a homie of mine use to know a sista who did this.

Sista would sell tradelines to people for 200 a month and keep 100 and give 100 to the person who she got her tradeline from. Sista was making like 2K a month before covid doing this. There is another hustle but illegal where you get like another credit line (forgot what they call it but its like a credit score rich folks use) and sell it to folks.

Outside of that a no good b*stard capitalist like me was gonna get with my home boys who used car dealers and hire some down and out mexicans to repo mothafukkas cars when they get late on they bills...:yeshrug:. Or do like me and my home boys did back in the 2010s and go on craigslist hitting folks up who were selling they cars and see who is hard up for money and low ball they asses. Then clean the car up and flip it. Made a lick off a white boy who sold us a jetta for like 1500 cause he needed to make rent (white boy look like a dope fiend) detailed that hoe ass Jetta and sold it for 4K. :manny:

I tell you hitting licks like that were addictive.....shyt more fun than making money in the corporate world cause the shyt like a competition. You vs the customer on who can get over on each other (talking the used car / craigslist game cause its a dirty game).
 

Originalman

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This country was built on glorifying not paying up

he-aint.gif
 

Pure Water

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73k credit card limit....damn

I'd be :whoa:with that much spending power. It's a trap
It's really not a trap. Well it can be, but you need to be discipline. I have a 50k credit limit and I operate based on my salary checks. Not my credit limit. If I can't afford it without credit, I can't afford it at all. I just use my credit card to pay for everything I would normally use a debit card for. I just get money from the credit card company for actually using my credit card. Never had any interest in my life.
 

MustafaSTL

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It's really not a trap. Well it can be, but you need to be discipline. I have a 50k credit limit and I operate based on my salary checks. Not my credit limit. If I can't afford it without credit, I can't afford it at all. I just use my credit card to pay for everything I would normally use a debit card for. I just get money from the credit card company for actually using my credit card. Never had any interest in my life.
Same here. Although I had to learn my lesson on how to use credit cards from my past experiences. Back in my younger years, I racked up cc debt and struggled to pay them off. Now I just use them like a regular debit card. Pay them off every month, rack up no debt. Only pay for what you can afford.
 

Spence

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Restructure your debt, if you can find a bank stupid enough to give you 0% for longer than 8 months do a balance transfer AND GRT YOUR HOUSE IN ORDER NOW! :damn:
This recession is about to hit and nobody knows what the future holds for us and our monthly income. HAVE A PLAN!
 

Pete Wrigley

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I have 4 credit cards I rotate for a variety of things

costco citibank visa 5K limit, balance 0-use this for travel and fuel cuz 4% cash back
BOA unlimited cash back 21k limit, balance 0-use this for pretty much everything cuz it's 2.625% cash back on every purchase
BOA customized cash rewards 33k limit, balance 90-use this for certain things like groceries and online shopping cuz it's 5.25% on online shopping and 3.5% on groceries
apple card 14k limit, balance 0-only use this for certain merchants that fall into the 3% category ie walgreens/uber/nike/panera

I stay on the credit cards like a hawk.
Those limits are insane but it seems you're doing well. Good shyt breh
 

silk scarfs

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i got hurt in the beginning of the year and i couldnt work for a couple of months and i blew through all my credit cards. the interest is killing me. and they just raised the interest again. idk how ima make it cause the minimum payment aint doin shyt.
 
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