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quote:

Originally posted by Candeeman Or try the Visa Infinite

I approve!
It also has a lot of great features that come with it as well.

quote:

Originally posted by biznology yes...i get some chase ones and amex and disco like 3 or more times a month.

well i would say apply to them all and all at once. if you do them spread out they think your "shopping" for credit. so do a bunch at once, if that results in nothing, wait 6 months and do it again. since you have never had a cc youre going to get raped no matter what.

quote:

Originally posted by iammesol ___________________ *snip* _____________________

Awwww.

I wont live here when i grow up (or at least i am not planning on it, but you never know)

so i have not bothered with getting on. W00tz for 0 debt.

quote:

Originally posted by bas Awwww.

don't worry. the left half is yours.

quote:

Originally posted by gehzumteufel well i would say apply to them all and all at once. if you do them spread out they think your "shopping" for credit. so do a bunch at once, if that results in nothing, wait 6 months and do it again. since you have never had a cc youre going to get raped no matter what.

oh and if i have a fair amount of student loans currently being dealt with by my parents (responsibly) does that affect any outcomes, or is it more related to having an account open for years, direct deposit, or whatever?

quote:

Originally posted by biznology oh and if i have a fair amount of student loans currently being dealt with by my parents (responsibly) does that affect any outcomes, or is it more related to having an account open for years, direct deposit, or whatever?

interestingly enough student loans arent usually considered at all. i dont understand why really, but they just arent. i mean why wouldnt you consider it on a person who is trying to get a $1.1m mortgage but care about some guy who has no credit cards and is trying to build credit?

yeh...

and what's your opinion on going to my checking account bank? when i opened my second account, they offered a credit card, i declined and they said it would be a lengthy process to do it later (like now)...

is that better or worse? no different? are there potential issues with having all the eggs in one basket so to say?

quote:

Originally posted by leph555 why would he need a credit card?

not like he need it to get a credit or a loan

is better carrying some plastic than his billions in his pockets all the time

quote:

Originally posted by Palladium not like he need it to get a credit or a loan is better carrying some plastic than his billions in his pockets all the time

he has trucks filled with cash following him around, duh

A debit card can hold a ton of money as well, no need for the credit card.

quote:

Originally posted by biznology yeh... and what's your opinion on going to my checking account bank? when i opened my second account, they offered a credit card, i declined and they said it would be a lengthy process to do it later (like now)... is that better or worse? no different? are there potential issues with having all the eggs in one basket so to say?

your bank is usually a safe bet. they are normally more apt to give you one as they see your spending habits a lot.

quote:

Originally posted by Frenchie A debit card can hold a ton of money as well, no need for the credit card.

Yeah but you need to actually HAVE that ton of money

edit // from my experience, credit cards offered through your bank tend to have a much higher APR. Mine was 19% when I first opened it and eventually went down to 15%. I opened one with Providian and it started at 12% and eventually down to 9%.

quote:

Originally posted by bas that ton of money

literally

*** image removed and user suspended

hey look. anal

quote:

Originally posted by capo tutti di

^^ NSFW

what credit cards are made for

Studen loan is actually similar to home loan when it comes to all three major credit bureau. When applying for CC and decline, i highly suggest getting copy of your decline letters and send it to all three credit bureau to recvd free copy of your credit report and review whats in your credit. Applying credit to all major credit grantor can also affect your credit score, and its called inquiry. majority of the credit grantors also create mult-inquiry in your credit report and it will affect it. if you do found out that credit grantor checking your credit report mult-times, to dispute all inquiry to all three credit bureau.

what drive your fico/beacon score high.
1. atleast one secure loan
2. 2-3credit card, pending your yrs sal.
3. mnthly activities of your credit.

Re: Credit Cards

quote:

Originally posted by biznology i do know that has more to do with how you pay off the card, but i also know that all those low rate starter deals are bogus in the long run.

Wrong. getting a card w/ 0.0% for 6 months and then it jumping to 14% is beter than getting a card that starts you off at 14% or higher right off the bat.

if you aren't stupid, handling credit card debt is easy. trust me, i know, i've got like 6 credit cards. not that i use all of them...i use like 2....the discover card if its one of those weird situations where they only take discover

otherwise, getting a credit card is an excellent idea. besides, get one w/ points and shit for using it. i mean, why use it if you aren't going to get rewards back you know? my BP Chase card i get 5% on all BP gas purchases and 2% on all other travel/dining and 1% on everything else. my amazon chase card i get 3 points back on amazon purchase and 1 back on all others. get to 2500 pts or $25 on the BP card, and free $25 to either amazon or BP. its well worth it, imo

quote:

Originally posted by Roweazie Studen loan is actually similar to home loan when it comes to all three major credit bureau. When applying for CC and decline, i highly suggest getting copy of your decline letters and send it to all three credit bureau to recvd free copy of your credit report and review whats in your credit. Applying credit to all major credit grantor can also affect your credit score, and its called inquiry. majority of the credit grantors also create mult-inquiry in your credit report and it will affect it. if you do found out that credit grantor checking your credit report mult-times, to dispute all inquiry to all three credit bureau. what drive your fico/beacon score high. 1. atleast one secure loan 2. 2-3credit card, pending your yrs sal. 3. mnthly activities of your credit.

so, by what your saying, a student loan only matters for a credit card, but not a 1.2m mortgage? cause working a major bank the student loans didnt count against them at all for their MASSIVE non-conforming loans. i dont see that even smart. the credit industry, is going to consider a student loan on a massive purchase a lot faster than a small $1000 credit card.

may i ask where you get your info? where do you come up with this?

quote:

Originally posted by tubularbills Wrong. getting a card w/ 0.0% for 6 months and then it jumping to 14% is beter than getting a card that starts you off at 14% or higher right off the bat. if you aren't stupid, handling credit card debt is easy. trust me, i know, i've got like 6 credit cards. not that i use all of them...i use like 2....the discover card if its one of those weird situations where they only take discover otherwise, getting a credit card is an excellent idea. besides, get one w/ points and shit for using it. i mean, why use it if you aren't going to get rewards back you know? my BP Chase card i get 5% on all BP gas purchases and 2% on all other travel/dining and 1% on everything else. my amazon chase card i get 3 points back on amazon purchase and 1 back on all others. get to 2500 pts or $25 on the BP card, and free $25 to either amazon or BP. its well worth it, imo

you have just explained a major problem with US society. they see a "deal" that really isnt a deal, its just a gimmick to get you to bring your business to them. $25 after spending 5k. come on. "buy 5 get 1 free" so you buy 5 and waste 3. did you save? no. you wasted 3!

oh and you have too many credit cards. 6 is way to many unless your making a ton of money (read: 100k+)....

quote:

Originally posted by gehzumteufel so, by what your saying, a student loan only matters for a credit card, but not a 1.2m mortgage? cause working a major bank the student loans didnt count against them at all for their MASSIVE non-conforming loans. i dont see that even smart. the credit industry, is going to consider a student loan on a massive purchase a lot faster than a small $1000 credit card. may i ask where you get your info? where do you come up with this?

no, I stated its similar to home loan. Its up to credit grantor to provide the credit to consumer. I used to work for equifax, 3yrs ago.

quote:

Originally posted by gehzumteufel you have just explained a major problem with US society. they see a "deal" that really isnt a deal, its just a gimmick to get you to bring your business to them. $25 after spending 5k. come on. "buy 5 get 1 free" so you buy 5 and waste 3. did you save? no. you wasted 3!

it is somewhat of a sales pitch to get people to take up on the offer, but if you use your card responsibly then it is nice sometimes. with my cc i get reward points for every $1 i spend, and just a few weeks ago i got a $300 gift certificate to circuit city with the points i had saved up. it's not like i went spending thousands of dollars left and right just for the sake of getting points, but i use my cc as cash... so it all adds up eventually.

quote:

Originally posted by Roweazie no, I stated its similar to home loan. Its up to credit grantor to provide the credit to consumer. I used to work for equifax, 3yrs ago.

whereas i worked for the creditor, wells fargo. data brokers, which is exactly what the credit bureaus are, dont interpret data, they provide raw data. what the creditors do with it will be up to them, and im speaking from a creditor pov. you know the anals of the how the data broker, in this case the credit bureaus, put the data together.

quote:

Originally posted by JD8180 it is somewhat of a sales pitch to get people to take up on the offer, but if you use your card responsibly then it is nice sometimes. with my cc i get reward points for every $1 i spend, and just a few weeks ago i got a $300 gift certificate to circuit city with the points i had saved up. it's not like i went spending thousands of dollars left and right just for the sake of getting points, but i use my cc as cash... so it all adds up eventually.

yeah, but you are one of the few that will research the "gimmick" and determine if its really a crock of shit or not. most just see things, and "oh that sounds good, lets switch!" and actually do!

quote:

Originally posted by biznology well but what is shit? higher than 18% or is that about right? where is the best place to start looking? my bank is one possibility but that place is annoying|

Mine are around 24% right now... I missed two payments when I was in college.

quote:

Originally posted by Ang ' ela_ie Mine are around 24% right now... I missed two payments when I was in college.

how long has it been? if its been more than 6 months id call and ask to see if they would lower it.

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