debt here i come
09-12-2004, 10:10 AM
#11
3.0 BAR
Join Date: Nov 2004
Posts: 5,101
Re:debt here i come
Originally Posted by d16forlife
I say destroy that bitch.
I got too much credit when I was young and I had to file for bancrupcy by age 24.I was $40k in debt
.Thats why now I try and buy ---- cash.The only thing I have out on credit right now is that F250 I just bought.And that was just couse I needed it...badly.
If you dont need it dont use it.
I got too much credit when I was young and I had to file for bancrupcy by age 24.I was $40k in debt
.Thats why now I try and buy ---- cash.The only thing I have out on credit right now is that F250 I just bought.And that was just couse I needed it...badly.If you dont need it dont use it.
09-12-2004, 10:39 AM
#12
3.0 BAR
Join Date: Mar 2003
Posts: 21,479
Re:debt here i come
Originally Posted by d16forlife
I say destroy that bitch.
I got too much credit when I was young and I had to file for bancrupcy by age 24.I was $40k in debt.Thats why now I try and buy ---- cash.The only thing I have out on credit right now is that F250 I just bought.And that was just couse I needed it...badly.
If you dont need it dont use it.
I got too much credit when I was young and I had to file for bancrupcy by age 24.I was $40k in debt
.Thats why now I try and buy ---- cash.The only thing I have out on credit right now is that F250 I just bought.And that was just couse I needed it...badly.If you dont need it dont use it.
I give it another year(which would make me 24) and I'll be filing. I've got to pay my bike off and transfer the title to my mom and then file. I don't want them trying to take my bike away. __________________
Best Car Insurance | Auto Protection Today | FREE Trade-In Quote
09-12-2004, 11:10 AM
#13
0.0 BAR
Join Date: Nov 2003
Posts: 0
Re:debt here i come
I am glad I am not the only one on here in financial ruines. I make over 70k a year (can) and could barely afford to go to mcdonalds right now. I have almost one of everything and its new and highly modded but ---- do payment suck. I was doing ok till I bought a house got married and then the wife got a lower paying job But on the plus side I am buying a new lariet diesel f350 superduty in two weeks and lifting it 14 inchs this winter, somebody help me 
But on the plus side I am buying a new lariet diesel f350 superduty in two weeks and lifting it 14 inchs this winter, somebody help me
09-12-2004, 11:31 AM
#14
0.0 BAR
Join Date: Dec 2003
Posts: 0
Re:debt here i come
Originally Posted by Travis
well, i just filled a Visa app. out and im approved. but im only 17. ( ring a bell sinister :P )
People don't think I suppose.. I'll be doing the same as you, buying small ---- and paying it off in full, getting good credit. Even my sister said "I'll use this credit card for emergencies". Next thing you know, her $1000 limit is maxed out 
Doh!Good luck with it man, don't be stupid
09-12-2004, 11:38 AM
#15
3.0 BAR
Join Date: Mar 2003
Posts: 21,479
Re:debt here i come
I know you guys all say you're just going to buy small things and pay it off each month, but that's what I thought too. I was doing good for about a year, but they kept raising my limit and I saw that as an opportunity to spend more money. Now I have $17,000 worth of credit card debt. The minimum payments total around $500, which doesn't even move the total balance. If I were ta pay the minimum payment each month, it would take a good 15 years to pay off, so in order to get anywhere I would have to pay around $750 each month just to TRY to get it under control. Does that sound like fun? Watch yourself and watch what you buy. Don't spend the money thinking it's ok since you have time to pay it off and you have available credit. That will only ---- you in the *** in the long run. Keep it under control. This can't be stressed enough. You can think you're going to be resposible as much as you want, but thinking and doing are two different things. Don't say you weren't warned. :P Welcome to 90% of the American population which is in debt out of it's ***.
__________________
Best Car Insurance | Auto Protection Today | FREE Trade-In Quote
__________________
Best Car Insurance | Auto Protection Today | FREE Trade-In Quote
09-12-2004, 11:41 AM
#16
0.0 BAR
Join Date: Dec 2003
Posts: 0
Re:debt here i come
haha, I've seen what debt does to people and I sure as hell don't want any part of it. My sister is in semi-deep, my step-father's ex-wife maxed out all the cards (and you know how the justice system works.. yeah, he got stuck with the ---- she still owns ).. I'll buy some small things, and maybe (just maybe) will buy something more than $30 on it. But I don't count on it
).. I'll buy some small things, and maybe (just maybe) will buy something more than $30 on it. But I don't count on it
09-12-2004, 11:50 AM
#17
1.5 BAR
Join Date: Mar 2004
Posts: 938
Re:debt here i come
im 27 yrs old, I never had a credit card and any type of credit when I got my first house. All I did is show them my income and the bills that I did pay. You just have to make sure that you don't have BAD CREDIT. Like not paying your phone bill on time or stupid shiet like that. Take care of all your parking tickets no matter how small they are. That is what is going to haunt you if you want good credit. I just got my second house and had no problem getting approved for it.
So all that BS about you need to have a credit card to build up your credit is not true. And I know that for a fact. 98ctr
PS: if you get your credit card, just be carefull.
So all that BS about you need to have a credit card to build up your credit is not true. And I know that for a fact. 98ctr
PS: if you get your credit card, just be carefull.
09-13-2004, 05:13 AM
#18
3.0 BAR
Join Date: Dec 2002
Posts: 9,203
Re:debt here i come
i'm tired of reading, but I just wanted to say credit cards own me! Toys, school, rent, car, every ***** ------ god damn thing= credit cards.
Oh and you say you'll pay it off at the end of the month, goodluck. At the end of the month you wil have 500 to pay it off or for a deal you came up on that you can't pass up. Or you just keep on spending, cause it seems like you have even more cash than you do. ---- credit cards. Lemme see, I just turned 21 and I already have 11 credit cards that I can remember. That ------' sucks *****.
Oh and you say you'll pay it off at the end of the month, goodluck. At the end of the month you wil have 500 to pay it off or for a deal you came up on that you can't pass up. Or you just keep on spending, cause it seems like you have even more cash than you do. ---- credit cards. Lemme see, I just turned 21 and I already have 11 credit cards that I can remember. That ------' sucks *****.
09-13-2004, 11:32 AM
#19
1.5 BAR
Join Date: Apr 2003
Posts: 835
Re:debt here i come
I have a question about credit cards. If I get one but never use it for anything. Except for mabey a bag of chips at the gas station or something one in a while. Will I get good credit for that if I pay all my bills on time? Will I get better credit if I buy more or does it not matter?
09-13-2004, 11:37 AM
#20
0.0 BAR
Join Date: Jun 2003
Posts: 0
Re:debt here i come
Originally Posted by Dr.Boost
I know you guys all say you're just going to buy small things and pay it off each month, but that's what I thought too. I was doing good for about a year, but they kept raising my limit and I saw that as an opportunity to spend more money. Now I have $17,000 worth of credit card debt. The minimum payments total around $500, which doesn't even move the total balance. If I were ta pay the minimum payment each month, it would take a good 15 years to pay off, so in order to get anywhere I would have to pay around $750 each month just to TRY to get it under control. Does that sound like fun? Watch yourself and watch what you buy. Don't spend the money thinking it's ok since you have time to pay it off and you have available credit. That will only ---- you in the *** in the long run. Keep it under control. This can't be stressed enough. You can think you're going to be resposible as much as you want, but thinking and doing are two different things. Don't say you weren't warned. :P Welcome to 90% of the American population which is in debt out of it's ***.
why don't you try to consolidate your debt to get rid of the insane interest charges??
And rule of thumb for everyone else, don't buy something on credit that you can't pay for within 2 months
