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by Uber Land on 19 May 2009 - 21:05
credit cards are part of the problem with this country. too many people get things on credit cards and then can not pay for them. same situation with the home loans, it was too easy for people to get big homes loans that they could never pay back.
If I can't pay cash for something, I don't get it.
If I can't pay cash for something, I don't get it.
by Two Moons on 19 May 2009 - 21:05
sound wisedom.
by MaggieMae on 19 May 2009 - 21:05
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by Uber Land on 19 May 2009 - 21:05
there are other cards you can use instead of "Credit" cards. visa has a card that you load money onto, you can buy stuff online with those and don't have to bother with the credit card.
by MaggieMae on 19 May 2009 - 21:05
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by yellowrose of Texas on 19 May 2009 - 21:05
Me either .,, I use my bank card and if they start charging for that I will hide my 3.39 left each month out of my ss check , if there still is one ,,,,under the manure in the barn....lol
by MaggieMae on 20 May 2009 - 00:05
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by dogshome9 on 20 May 2009 - 00:05
It's called a Debit card ---- runs on your normal bank account and you are only using the money that is in your account and NOT CREDIT.
by CrysBuck25 on 20 May 2009 - 02:05
MaggieMae...
I read the link, along with the comment board. I found the combinations of viewpoints interesting. I used to have eight credit cards, two store cards and six others. The two store cards only get used when I can pay them off quickly, but unfortunately, I made a mistake common to too many people. I got the first VISA card to pay for a dental bill for my husband, a tooth that was making him very sick. From there, we used it to pay some bills during a rough time in our business. Finally, it was maxed at 2K. I opened a second account and transferred the balance for a lower interest card. Then had to use the first one again to keep the business afloat.
Long story short, I made all my payments on time, but didn't get them paid off, kept opening new ones and balance transferring until I ended up with six cards and nearly 10K in debt on them.
Recently, we were able to pay off four of those cards, and closed three of those four. Of the remaining two that had balances, I have now closed one. The reason for closing all but one of them is notices I got in the mail informing me that my rates were being increased. When I called, each time I was told, "it's not your fault, this is just something we are doing in response to the economy." This happened with Capital One, Bank of America, and Chase. I told each of them that I would not pay for their bad mortgage lending practices, and that I would be paying them off, and the day I paid off BofA was the best of my life, I think.
I didn't use cards to buy groceries, and neat stuff for home and yard. We've had a hard time of things since the demand for lumber dropped off, since timber was our main business, and in order to keep fuel in the equipment and insurance paid, we had to use the credit cards. Not a brilliant solution, granted, but one I had no choice on.
We have cut back outrageously, and there are many things we now do without, because I refuse to use plastic for it. 99.9 percent of our purchases now are either with check, cash, or debit card, although debit cards can be a pain because too much of the time, they are declined, even though you have money in your account. I haven't used a credit card for a purchase of anything in over a year, and I don't intend to change that.
GSLover123...If Big Brother wants to track you, they will, whether you use cash or credit. That's the way things are now. I don't like it either, but that's just the way it is.
Crys
I read the link, along with the comment board. I found the combinations of viewpoints interesting. I used to have eight credit cards, two store cards and six others. The two store cards only get used when I can pay them off quickly, but unfortunately, I made a mistake common to too many people. I got the first VISA card to pay for a dental bill for my husband, a tooth that was making him very sick. From there, we used it to pay some bills during a rough time in our business. Finally, it was maxed at 2K. I opened a second account and transferred the balance for a lower interest card. Then had to use the first one again to keep the business afloat.
Long story short, I made all my payments on time, but didn't get them paid off, kept opening new ones and balance transferring until I ended up with six cards and nearly 10K in debt on them.
Recently, we were able to pay off four of those cards, and closed three of those four. Of the remaining two that had balances, I have now closed one. The reason for closing all but one of them is notices I got in the mail informing me that my rates were being increased. When I called, each time I was told, "it's not your fault, this is just something we are doing in response to the economy." This happened with Capital One, Bank of America, and Chase. I told each of them that I would not pay for their bad mortgage lending practices, and that I would be paying them off, and the day I paid off BofA was the best of my life, I think.
I didn't use cards to buy groceries, and neat stuff for home and yard. We've had a hard time of things since the demand for lumber dropped off, since timber was our main business, and in order to keep fuel in the equipment and insurance paid, we had to use the credit cards. Not a brilliant solution, granted, but one I had no choice on.
We have cut back outrageously, and there are many things we now do without, because I refuse to use plastic for it. 99.9 percent of our purchases now are either with check, cash, or debit card, although debit cards can be a pain because too much of the time, they are declined, even though you have money in your account. I haven't used a credit card for a purchase of anything in over a year, and I don't intend to change that.
GSLover123...If Big Brother wants to track you, they will, whether you use cash or credit. That's the way things are now. I don't like it either, but that's just the way it is.
Crys
by MaggieMae on 20 May 2009 - 03:05
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