Your experiences with credit card

jyo10 · 07-31-2008, 12:08 PM

Have you been able to make wise and judicious use of your credit card? Or did you max out your credit card and run into a debt? Or do you prefer to keep mum about it?

subliminal · 07-31-2008, 03:19 PM

Random subject for sure, but I have only maxed out one credit card so the "Debt" is very very low. I just happened to get lucky, I guess.

Truthed · 07-31-2008, 03:31 PM

totally random subject, but i guess that is what general discussion is for... I keep my debt as low as possible and usually pay off all my credit cards at the end of each month, i like to stay debt free (aside from my student loans)

liowkc · 07-31-2008, 03:50 PM

I always made full payment by due date. Never have any credit card debts as the interest rate can be as high as 24% per year.

Dairyman · 07-31-2008, 05:50 PM

I didn't have any problem with my credit card because I will always watch out my spending through the card and I will pay at the right time to avoid being a debtor.

dreamr802 · 07-31-2008, 07:11 PM

I have screwed up so much with credit cards...so I am going to try to try to stay away from for a while until I am able to build up my credit score.

spalsh · 07-31-2008, 08:26 PM

I am always careful with my credit card bills because of the high interest payments that come with it. 2% a month can be really painful. I never miss a payment, and I spend within my means.

smith · 08-01-2008, 02:23 AM

Even I take due care to make my monthly payments before the due date. Using the credit card like a debit card is not a bad strategy at all.

wkhaiaun · 08-01-2008, 03:00 AM

Credit cards if used properly can actually become a great asset. However, most of the time, what I can see is that people often misuse the credit facilities and ended up in debt.

QueenB · 08-01-2008, 03:01 AM

Well, I maxed them all out and got myself into a whole lot of debt over the course of 5 years or so. Ended up taking financial help to clear my debts. Now I have a pre-paid credit card and I have no debt.

07-31-2008, 12:08 PM	#1
jyo10 Junior Investigator Join Date: Jul 2008 Posts: 12	Your experiences with credit card Have you been able to make wise and judicious use of your credit card? Or did you max out your credit card and run into a debt? Or do you prefer to keep mum about it? __________________ How To Get Your Ex Back

07-31-2008, 03:31 PM	#3
Truthed Administrator Join Date: Jul 2008 Posts: 2,083	totally random subject, but i guess that is what general discussion is for... I keep my debt as low as possible and usually pay off all my credit cards at the end of each month, i like to stay debt free (aside from my student loans) __________________ "You Want To Believe" http://www.truthed.com truthed@truthed.com

07-31-2008, 05:50 PM	#5
Dairyman Junior Investigator Join Date: Jul 2008 Posts: 16	I didn't have any problem with my credit card because I will always watch out my spending through the card and I will pay at the right time to avoid being a debtor. __________________ MILK \| CHEAP AUTO INSURANCE CARE ONLINE STOCK TRADING TIPS \| Maalucheese

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07-31-2008, 03:19 PM	#2
subliminal Junior Investigator Join Date: Jul 2008 Posts: 11	Random subject for sure, but I have only maxed out one credit card so the "Debt" is very very low. I just happened to get lucky, I guess.

07-31-2008, 03:50 PM	#4
liowkc Junior Investigator Join Date: Jul 2008 Posts: 19	I always made full payment by due date. Never have any credit card debts as the interest rate can be as high as 24% per year.

07-31-2008, 07:11 PM	#6
dreamr802 Junior Investigator Join Date: Jul 2008 Posts: 58	I have screwed up so much with credit cards...so I am going to try to try to stay away from for a while until I am able to build up my credit score.

07-31-2008, 08:26 PM	#7
spalsh Junior Investigator Join Date: Jul 2008 Posts: 17	I am always careful with my credit card bills because of the high interest payments that come with it. 2% a month can be really painful. I never miss a payment, and I spend within my means.

08-01-2008, 02:23 AM	#8
smith Junior Investigator Join Date: Jul 2008 Posts: 4	Even I take due care to make my monthly payments before the due date. Using the credit card like a debit card is not a bad strategy at all.

08-01-2008, 03:00 AM	#9
wkhaiaun Junior Investigator Join Date: Jul 2008 Posts: 27	Credit cards if used properly can actually become a great asset. However, most of the time, what I can see is that people often misuse the credit facilities and ended up in debt.

08-01-2008, 03:01 AM	#10
QueenB Junior Investigator Join Date: Aug 2008 Posts: 11	Well, I maxed them all out and got myself into a whole lot of debt over the course of 5 years or so. Ended up taking financial help to clear my debts. Now I have a pre-paid credit card and I have no debt.