I don't use a credit card so i'm ok. But I got something in the mail that says I can get a card with a ten thousand dollar limit. But I don't think i'll do it because I saw this thing one MTV about debt and how much it sucked to be in it. But if I only Use it when I have money I should Be ok.

 

When I get credit card offers in the mail, I put one company's info in the other company's reply envelope, and mail it. Wasting their postage-paid envelope.



I don't have a credit card, I use a debit card, and I have good credit from my last loan. So I'm not in debt!



But I do have only $4 in my account, and we're out of food.

 

i owe about 1k on my credit cards the rest i have free and clear



mike

 

it's not too bad to have one with a sane limit and pay things off quickly, helps build good credit for purchases requiring financing like house. But for the most part, you are better off saving money and paying cash.

 

I keep one Credit card with a low limt for incidental expenses, pay it off monthly. I also have a "car" checking and paypal acct for the other funds.

 

I need to set up a paypal account to.

 

I got into really bad credit card debt. a long time ago. I got a debt consolidation loan.. the biggest mistake I ever made. I ended up running up my credit cards AND having a debt. consolidation loan to boot.



My wife decided to put our credit cards in an envelope and seal it up and put them away. We applied for an American Express card about a year later. Its great convenience of a credit card BUT it has to be paid off every month. It makes you think twice about using it. I taught my a lot of self control.



If it wasn't for my gold visa card I never would have started my own business. I maxed it out getting the business off the ground.



Right now I am on a 3 year plan to be totally out of debt. including my mortgage. Then I will start saving to open up a speed shop and do what I love for a living.

 

own both cars...no debt for anything...lots in the savings



hmmmm...new car or ring for the gf? lol

 

that depends...what type of ring is it? diamond?

 

Lets see, I paid cash for the FD as well as all the mods. However I still owe about 15k on my loan toward my mini, have about 2k worth of credit card bills due to my recent move, and a big fat loan of about 45k for flight school. I'm gona go ahead and pay off the credit card bills next time or two around. The Fd will be sold tomorrow (cross fingers) for 18k. I'll get my mini pickup truck and a daily beater and have about 6k left over for school. And this morning I was up 12k in invested stocks. So things could be better, but they aren't that bad.