The official status update thread part 3

[rmabrey]

just got my first code 20

 

[magic man]

I hate that my wife will put a cup of coffee on the debit card so, I got her a credit card. I called them and asked them to lower the limit as low as possible. The card now has a $500 limit. If you choose to build credit that way, I would suggest looking into a "secured" card or getting one with a low limit. There is no penalty for making payments early and often, sometimes I pay my wife's card 2 or 3 times in a month.

I just looked up what a secured credit card is. I've never heard of that. It doesn't look like my credit union offers it, though. I don't see it on their website at least.

 

[Rookie]

I have one credit card with a $500 limit. I keep it around $100. I told the credit card company if they raised the limit, I would cancel the card.

 

[Kick]

I inherited my wifes debt when I married her...she had 7 credit cards when we married. Its all taken care of but it was rough for a few years. its not the money you put on a CC..its the interest..never ending cycle. had I made min payments on her CC it would of taken me something like 160+ years to pay them off..she had a couple cards that held a 23% interest rate...effin crazy! we have no CC now..I do have a store card with a $500 limit that I rarely use...maybe to get diapers or formula between pay checks but thats about it. as far as debit cards...I use mine all the time...I use it for most any purchase over $20. I earn 4.7% interest on my checking account as long as I use my debit card 10 times a month and keep my pay checks direct deposited.

I got my wife's debt too and use the debit for almost everything. I usually take $100 out of the ATM (paychecks are direct deposit) at a time for smaller purchases and the bigger right on the card. But, the wife would but a $0.99 cup of coffee on the debit 3 times a day! I got tired of that so, I got her the card. I usually pay it off every other week or so and it's usually not close to the limit but, there is no interest charges that way.

Trust us Magic, they are a great tool for building credit but, get that card with a LOW limit and PAY IT OFF EVERY TIME YOU GET PAID! It's a slippery slope and easy to start down!

 

[Bigum1969]

just got my first code 20

Does that involve chrome and a trailer hitch?

 

[Rookie]

https://www.indianagunowners.com/forums/break_room/145655-need_some_suggestions.html

Help...

 

[Kick]

I just looked up what a secured credit card is. I've never heard of that. It doesn't look like my credit union offers it, though. I don't see it on their website at least.

Yeah mine doesn't either. I wish they did, that way it really is "imaginary debit"

 

[Bigum1969]

Anyone else smoke cigars?

 

[Kick]

https://www.indianagunowners.com/forums/break_room/145655-need_some_suggestions.html

Help...

Would love to but, can't say that I know that area.... at all!

 

[Kick]

Anyone else smoke cigars?

Yeah, every know and then.

 

[magic man]

I inherited my wifes debt when I married her...she had 7 credit cards when we married. Its all taken care of but it was rough for a few years. its not the money you put on a CC..its the interest..never ending cycle. had I made min payments on her CC it would of taken me something like 160+ years to pay them off..she had a couple cards that held a 23% interest rate...effin crazy! we have no CC now..I do have a store card with a $500 limit that I rarely use...maybe to get diapers or formula between pay checks but thats about it. as far as debit cards...I use mine all the time...I use it for most any purchase over $20. I earn 4.7% interest on my checking account as long as I use my debit card 10 times a month and keep my pay checks direct deposited.

23% is crazy. The card through my CU would be 14.9% which is still pretty high. I don't plan on paying any interest, though.

https://www.regionalfcu.org/credit-cards.asp

 

[Kick]

just got my first code 20

Does that involve chrome and a trailer hitch?

My best guess would be a stabbing but, codes are prolly different...

 

[rmabrey]

just got my first code 20

 

[Bigum1969]

Yeah, every know and then.

I've started smoking them again after a few years off.

 

[Rookie]

I don't have the patience for cigars

 

[magic man]

just got my first code 20

We heard you the first two times.

 

[rmabrey]

damn phone

 

[Rookie]

just got my first code 20

just got my first code 20

just got my first code 20

My best guess would be a stabbing but, codes are prolly different...

My guess would be turettes.

 

[Rookie]

What's a code 20?

 

[rmabrey]

My best guess would be a stabbing but, codes are prolly different...

DOA......not workable