hey hey hey! I'm approved!

[Dorothy Wood]

so, it's official, I'm no longer a delinquent. I just got approval for an amazon.com credit card without any problems! hurrah! $30 off my order too! woopie dee doo!

:cool:

okay, no more credit cards thanks.

[Miho]

Amazon has great deals. There's a lot of discounted games I want to buy on there.

[Justin]

so, it's official, I'm no longer a delinquent. I just got approval for an amazon.com credit card without any problems! hurrah! $30 off my order too! woopie dee doo!

:cool:

okay, no more credit cards thanks.


That's still a credit card silly

[TAL]

I approve of you as well.

[Justin]

I've heard that having BAD credit is better than having NO credit history:)

[b i o n i c]

whooo hooo! can i buy my christmas gifts on your card, preeeese

[Dorothy Wood]

whooo hooo! can i buy my christmas gifts on your card, preeeese

NO! :mad:


and Justin, I know it's a credit card, doofus. I mean NO ADDITIONAL cards.

I have an old credit card that I never use, I just pay down the balance I racked up when I was living beyond my means. I'm down to about $700. I should just pay it off and get rid of it. meh.

[TAL]

*approves of Dorothy*

[Dorothy Wood]

yay!

[DipDipDive]

I usually pay my credit card in full like a week before my payment is due, but the past 2 months I've had a balance of between $50-$150 remaining after making my payments and it's starting to give me mild anxiety. Is that ridiculous of me? I'm new to all of this. I always swore I'd NEVER get a credit card, but then I realized I'd probably get deported at some point for being unAmerican.

[b i o n i c]

that is some great advice right there.. where were you when i asked about credit cards

[DipDipDive]

Never go over 50% of your balance and dont pay it off at the end of each month, bad bad.

What do you mean by this? Do you mean don't go over 50% of the amount of you credit line and not pay it off?

[b i o n i c]

youve got your minimum monthly payment and youve got what you owe in total.
i think she means no matter what you spend, only pay up to half of it off every month above your minimum allowed payment

[DipDipDive]

Gimme some numbers as examples so I can better understand what you're explaining, plz. The wording is confusing me. :o

[b i o n i c]

month one
$1000 - credit limit
$800 - spent
$800 - total balance owed
$100 - minimum payment allowed

you pay $400 (half of balance) you owe $400 after payment


month two
$1000 - credit limit
$500 spent
$900 - total balance owed (spent + owed from last month)
$100 - minimum payment allowed

you pay $450 (half of balance) you owe $450 after payment


month three
$1000 - credit limit
$550 spent
$1000 - total balanace owed (spent + owed from last month)
$100 - minimum payment allowed

you pay $500 (half of balance) you owe $500 after payment


and so on... or i could have this completely wrong. why did i write this

[DipDipDive]

OOOOOOOOOOOOOOHHHH!!! (lb)

And you wrote it because I'm a retard. Thank you for cleaning the proverbial dribble off my chin.

But...wait...so you're both saying you SHOULDN'T pay off your balance at the end of the month?

[b i o n i c]

thats what i am and i think skye is saying

[DipDipDive]

Why though? I mean, wouldn't completely paying off your balance every month be a better reflection on your credit than always having a balance remaining?

[DipDipDive]

I'M ON THE EDGE OF MY SEAT.

[b i o n i c]

ugh i hate numbers but i think it would probably work better by not going up to the limit but staying below and consistant? gjsadlfkghskld this is why i would need to pay someone to do it for me

[kaiser soze]

Just paid off my Best Buy card....now I own my nice flat panel monitor and pc speakers =)