Reply
Page 2 of 2 FirstFirst 1 2
Results 31 to 39 of 39
  1. #31
    Navy-Marine Corps Team nutsy54's Avatar
    Join Date: Apr 2003
    Location: United States
    Age: 53
    Posts: 123,153
    Rep Power: 162726
    nutsy54 has a reputation beyond repute. Second best rank possible! (+100000) nutsy54 has a reputation beyond repute. Second best rank possible! (+100000) nutsy54 has a reputation beyond repute. Second best rank possible! (+100000) nutsy54 has a reputation beyond repute. Second best rank possible! (+100000) nutsy54 has a reputation beyond repute. Second best rank possible! (+100000) nutsy54 has a reputation beyond repute. Second best rank possible! (+100000) nutsy54 has a reputation beyond repute. Second best rank possible! (+100000) nutsy54 has a reputation beyond repute. Second best rank possible! (+100000) nutsy54 has a reputation beyond repute. Second best rank possible! (+100000) nutsy54 has a reputation beyond repute. Second best rank possible! (+100000) nutsy54 has a reputation beyond repute. Second best rank possible! (+100000)
    nutsy54 is offline
    Originally Posted by dyee4613 View Post
    Why is this the goal? If something happens and you have the need for cheap capital, isn't it better to have the ability to access it? Debt is a great thing.
    Debt is a stone around our neck. If something happens... I have an emergency fund. The problem with the ability to access debt, is that most people use that ability to go into debt for things that are nowhere close to Needs.
    Reply With Quote

  2. #32
    Navy-Marine Corps Team nutsy54's Avatar
    Join Date: Apr 2003
    Location: United States
    Age: 53
    Posts: 123,153
    Rep Power: 162726
    nutsy54 has a reputation beyond repute. Second best rank possible! (+100000) nutsy54 has a reputation beyond repute. Second best rank possible! (+100000) nutsy54 has a reputation beyond repute. Second best rank possible! (+100000) nutsy54 has a reputation beyond repute. Second best rank possible! (+100000) nutsy54 has a reputation beyond repute. Second best rank possible! (+100000) nutsy54 has a reputation beyond repute. Second best rank possible! (+100000) nutsy54 has a reputation beyond repute. Second best rank possible! (+100000) nutsy54 has a reputation beyond repute. Second best rank possible! (+100000) nutsy54 has a reputation beyond repute. Second best rank possible! (+100000) nutsy54 has a reputation beyond repute. Second best rank possible! (+100000) nutsy54 has a reputation beyond repute. Second best rank possible! (+100000)
    nutsy54 is offline
    Originally Posted by N0stradamus View Post
    Dave Ramsey: "Increase your income, lower your expenses, avoid credit cards whenever possible."

    Of course it's gonna work because that's just common sense.
    Yet a stunning number of people argue against that advice (including you in post 23 ), while handing over large chunks of their paycheck to mortgage, loan, and credit card payments their whole life.
    Reply With Quote

  3. #33
    Registered User Destor's Avatar
    Join Date: Apr 2012
    Location: Alberta, Canada
    Age: 37
    Posts: 21,508
    Rep Power: 175934
    Destor has a reputation beyond repute. Second best rank possible! (+100000) Destor has a reputation beyond repute. Second best rank possible! (+100000) Destor has a reputation beyond repute. Second best rank possible! (+100000) Destor has a reputation beyond repute. Second best rank possible! (+100000) Destor has a reputation beyond repute. Second best rank possible! (+100000) Destor has a reputation beyond repute. Second best rank possible! (+100000) Destor has a reputation beyond repute. Second best rank possible! (+100000) Destor has a reputation beyond repute. Second best rank possible! (+100000) Destor has a reputation beyond repute. Second best rank possible! (+100000) Destor has a reputation beyond repute. Second best rank possible! (+100000) Destor has a reputation beyond repute. Second best rank possible! (+100000)
    Destor is offline
    Hence why there are credit scores: your credit score is a general indicator of risk and your ability to properly manage debt thus be rewarded with more debt at more advantaged interest rates.

    Wanting zero credit at all is ultra risk averse, which is fine if that’s your angle. But between wanting no credit and racking up all your debt irresponsibly, there exists an entire realm of sensibility and benefits.

    I have no interest in being totally debt free. If I had the money to pay off my mortgages right now, I wouldn’t pay them off.
    Reply With Quote

  4. #34
    Registered User ImUTI's Avatar
    Join Date: Apr 2014
    Age: 32
    Posts: 2,023
    Rep Power: 1220
    ImUTI is just really nice. (+1000) ImUTI is just really nice. (+1000) ImUTI is just really nice. (+1000) ImUTI is just really nice. (+1000) ImUTI is just really nice. (+1000) ImUTI is just really nice. (+1000) ImUTI is just really nice. (+1000) ImUTI is just really nice. (+1000) ImUTI is just really nice. (+1000) ImUTI is just really nice. (+1000) ImUTI is just really nice. (+1000)
    ImUTI is online now
    Originally Posted by SillieBazzillie View Post
    Oh you're right, no one has ever lost money in the market in or banks before. My bad.

    Ignore this boomer's advice. It's fine to not have credit or a ton of cards, but to have zero access to credit is beyond stupid.
    Gonna agree with this guy. Flat out intentionally not having credit is full retard
    Reply With Quote

  5. #35
    Registered User Ramoneb87's Avatar
    Join Date: Nov 2010
    Age: 35
    Posts: 10,133
    Rep Power: 26729
    Ramoneb87 has much to be proud of. One of the best! (+20000) Ramoneb87 has much to be proud of. One of the best! (+20000) Ramoneb87 has much to be proud of. One of the best! (+20000) Ramoneb87 has much to be proud of. One of the best! (+20000) Ramoneb87 has much to be proud of. One of the best! (+20000) Ramoneb87 has much to be proud of. One of the best! (+20000) Ramoneb87 has much to be proud of. One of the best! (+20000) Ramoneb87 has much to be proud of. One of the best! (+20000) Ramoneb87 has much to be proud of. One of the best! (+20000) Ramoneb87 has much to be proud of. One of the best! (+20000) Ramoneb87 has much to be proud of. One of the best! (+20000)
    Ramoneb87 is offline
    I remember years ago I had to get a secured credit card backed by a $2000 deposit because I had no credit. My score eventually shot it up to mid 700s, though I havent been using my credit card at all and my score subsequently have dropped to 720, 707 and 728 last time I ran a credit check. Legit tempted just to by random **** with my credit card to boost the score
    Know Justice

    Know Peace
    Reply With Quote

  6. #36
    Navy-Marine Corps Team nutsy54's Avatar
    Join Date: Apr 2003
    Location: United States
    Age: 53
    Posts: 123,153
    Rep Power: 162726
    nutsy54 has a reputation beyond repute. Second best rank possible! (+100000) nutsy54 has a reputation beyond repute. Second best rank possible! (+100000) nutsy54 has a reputation beyond repute. Second best rank possible! (+100000) nutsy54 has a reputation beyond repute. Second best rank possible! (+100000) nutsy54 has a reputation beyond repute. Second best rank possible! (+100000) nutsy54 has a reputation beyond repute. Second best rank possible! (+100000) nutsy54 has a reputation beyond repute. Second best rank possible! (+100000) nutsy54 has a reputation beyond repute. Second best rank possible! (+100000) nutsy54 has a reputation beyond repute. Second best rank possible! (+100000) nutsy54 has a reputation beyond repute. Second best rank possible! (+100000) nutsy54 has a reputation beyond repute. Second best rank possible! (+100000)
    nutsy54 is offline
    Originally Posted by ImUTI View Post
    Gonna agree with this guy. Flat out intentionally not having credit is full retard
    I’ve had No credit score for 4+ years… still waiting for any “retarded” result.

    You replied to a post which had NOTHING to do with the post Sillie replied to
    He literally said “you’re right” to a statement I never made.
    Reply With Quote

  7. #37
    Navy-Marine Corps Team nutsy54's Avatar
    Join Date: Apr 2003
    Location: United States
    Age: 53
    Posts: 123,153
    Rep Power: 162726
    nutsy54 has a reputation beyond repute. Second best rank possible! (+100000) nutsy54 has a reputation beyond repute. Second best rank possible! (+100000) nutsy54 has a reputation beyond repute. Second best rank possible! (+100000) nutsy54 has a reputation beyond repute. Second best rank possible! (+100000) nutsy54 has a reputation beyond repute. Second best rank possible! (+100000) nutsy54 has a reputation beyond repute. Second best rank possible! (+100000) nutsy54 has a reputation beyond repute. Second best rank possible! (+100000) nutsy54 has a reputation beyond repute. Second best rank possible! (+100000) nutsy54 has a reputation beyond repute. Second best rank possible! (+100000) nutsy54 has a reputation beyond repute. Second best rank possible! (+100000) nutsy54 has a reputation beyond repute. Second best rank possible! (+100000)
    nutsy54 is offline
    Originally Posted by Ramoneb87 View Post
    I remember years ago I had to get a secured credit card backed by a $2000 deposit because I had no credit. My score eventually shot it up to mid 700s, though I havent been using my credit card at all and my score subsequently have dropped to 720, 707 and 728 last time I ran a credit check. Legit tempted just to by random **** with my credit card to boost the score
    Why did you “have to” get a credit card?
    Reply With Quote

  8. #38
    Registered User fishnbrah's Avatar
    Join Date: Apr 2011
    Location: Arizona, United States
    Posts: 36,662
    Rep Power: 205721
    fishnbrah has a reputation beyond repute. Second best rank possible! (+100000) fishnbrah has a reputation beyond repute. Second best rank possible! (+100000) fishnbrah has a reputation beyond repute. Second best rank possible! (+100000) fishnbrah has a reputation beyond repute. Second best rank possible! (+100000) fishnbrah has a reputation beyond repute. Second best rank possible! (+100000) fishnbrah has a reputation beyond repute. Second best rank possible! (+100000) fishnbrah has a reputation beyond repute. Second best rank possible! (+100000) fishnbrah has a reputation beyond repute. Second best rank possible! (+100000) fishnbrah has a reputation beyond repute. Second best rank possible! (+100000) fishnbrah has a reputation beyond repute. Second best rank possible! (+100000) fishnbrah has a reputation beyond repute. Second best rank possible! (+100000)
    fishnbrah is offline
    buy a car at high interest and pay it off quick before the interests really fukks you.
    Reply With Quote

  9. #39
    Registered User fishnbrah's Avatar
    Join Date: Apr 2011
    Location: Arizona, United States
    Posts: 36,662
    Rep Power: 205721
    fishnbrah has a reputation beyond repute. Second best rank possible! (+100000) fishnbrah has a reputation beyond repute. Second best rank possible! (+100000) fishnbrah has a reputation beyond repute. Second best rank possible! (+100000) fishnbrah has a reputation beyond repute. Second best rank possible! (+100000) fishnbrah has a reputation beyond repute. Second best rank possible! (+100000) fishnbrah has a reputation beyond repute. Second best rank possible! (+100000) fishnbrah has a reputation beyond repute. Second best rank possible! (+100000) fishnbrah has a reputation beyond repute. Second best rank possible! (+100000) fishnbrah has a reputation beyond repute. Second best rank possible! (+100000) fishnbrah has a reputation beyond repute. Second best rank possible! (+100000) fishnbrah has a reputation beyond repute. Second best rank possible! (+100000)
    fishnbrah is offline
    Originally Posted by ImUTI View Post
    Flat out intentionally not having credit is full retard
    why
    Reply With Quote

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts