Do lower income people need credit cards?
- Thread starter Scott Larock
- Start date
Field Marshall Bradley
Veteran
You need to get a second hustle and grind it out for the next 6 months...... No need to default unless you can by 8-10 years with having bad credit... Everybody aint built for that life.....
NycStacked
Rookie
You can keep the credit cards and not ruin your credit score by maintaining a decent budget. Firstly, CHOOSE how you want to pay. I use my CC's for everything, as a protection measure because I shop online A LOT. Secondly, When I get paid I pay off the card in full. You don't want to not pay the credit cards, but MAYBE ..transfer the Balance to another Card, close out paid card and slowly pay off what you need too while making also having savings for yourself. Things always look impossible when we're in situations, but I grantee you there is a way out.
If you want help budgeting let me know.
#Over10years exp in Personal and Corporate finance....
If you want help budgeting let me know.
#Over10years exp in Personal and Corporate finance....
666 ReVeNGe 666
TROLL IS LIFE
Get a 2nd job on weekends. It helps.
Put tax refund to credit cards.
Don't default...when ya car goes to shyt, and need one asap, credit is all you got. Plus, most jobs and apartments and houses require good credit anyways.
Put tax refund to credit cards.
Don't default...when ya car goes to shyt, and need one asap, credit is all you got. Plus, most jobs and apartments and houses require good credit anyways.
CentricTongues
Rookie
You can keep the credit cards and not ruin your credit score by maintaining a decent budget. Firstly, CHOOSE how you want to pay. I use my CC's for everything, as a protection measure because I shop online A LOT. Secondly, When I get paid I pay off the card in full. You don't want to not pay the credit cards, but MAYBE ..transfer the Balance to another Card, close out paid card and slowly pay off what you need too while making also having savings for yourself. Things always look impossible when we're in situations, but I grantee you there is a way out.
If you want help budgeting let me know.
#Over10years exp in Personal and Corporate finance....
Got any advice for people that want to move out to a apt in nyc?
NycStacked
Rookie
Sure...give me a budget to work with. Have you got a job lined up, or do you want to come out to NYC and just hit the ground running?
NycStacked
Rookie
Sure...give me a budget to work with. Have you got a job lined up, or do you want to come out to NYC and just hit the ground running?
You want to default and all you have is 3k total 
I remember when I was at 21k, score was still good though because I never defaulted and I had like 40k in credit limits.
I remember when I was at 21k, score was still good though because I never defaulted and I had like 40k in credit limits.