mplsdunk
Supporter
- May 25, 2004
- 36,006
- 56,222
I put everything on a card but I pay it off. I just use it like cash and get miles.
the thread about nothing...
- Thread in 'General' Thread starter Started by Renaldo Balkman,
- Start date
If you got 2% for spending money that you're gonna spend anyway, how is that not smart?
I put everything on on my Amex or Sapphire
"Running up" ≠ paying off
Carrying a balance defeats the whole purpose and, according to the latest statistics, Americans are doing the running-up part...the paying-off part, not so much.
"Credit card balances rose by $50 billion to hit a record $1.13 trillion. Inflation and higher interest rates are contributing to rising credit card debt, resulting in more Americans struggling to pay down their credit card balances, according to Bankrate's senior industry analyst Ted Rossman."
Americans owe a record $1.1 trillion in credit card debt, straining budgets
Credit card debt hit a record $1.13 trillion at the end of 2023, while delinquencies have surged more than 50% from a year ago.
www.cbsnews.com
6 Rings G.O.A.T.
Supporter
- Feb 11, 2006
- 144,275
- 131,732
- Oct 8, 2002
- 46,058
- 50,755
20% usage is the magic number. Paying it off immediately is cool, you’re not getting any negative marks, but you’re not getting the “credit” for it, if you will. I talk to boomers all the time, “Oh my credit is perfect. I pay my card off every month..”. I pull it and its 695. That’s not bad, but its not that perfect they were bragging about. Having trouble breaking 700 and higher? Play the usage game. Really anything over 720 is just icing on the cake.
- Aug 21, 2010
- 12,364
- 20,040
That dude that was just standing there. Like bruh, step back man!
- Oct 8, 2002
- 46,058
- 50,755
Zuck is the devil..
- Jan 3, 2013
- 29,874
- 28,394
lets see your likes
6 Rings G.O.A.T.
Supporter
- Feb 11, 2006
- 144,275
- 131,732
mplsdunk
Supporter
- May 25, 2004
- 36,006
- 56,222
Sometimes I do a payment plan if I buy something that’s like 1k+ for 3 months (costs like 5-10 bucks) but usually I just pay everything off.
I have a lot of good history though on all forms of credit.
- Aug 22, 2012
- 14,463
- 21,451
Not going to lie, I fully expected to a see an ******** link in the bio.
MakeNTGreatAgain
Supporter
- Aug 5, 2017
- 10,272
- 11,045
goals myslime
Sometimes I do a payment plan if I buy something that’s like 1k+ for 3 months (costs like 5-10 bucks) but usually I just pay everything off.
I have a lot of good history though on all forms of credit.
kdawg
Staff member
- Jun 25, 2003
- 13,369
- 18,187
Wordle 963 2/6
6 Rings G.O.A.T.
Supporter
- Feb 11, 2006
- 144,275
- 131,732
MakeNTGreatAgain
Supporter
- Aug 5, 2017
- 10,272
- 11,045
i been inna down mood. need a pickmeup i think i need pizza
- Nov 7, 2019
- 9,905
- 32,636
- Oct 8, 2002
- 46,058
- 50,755
Is there away to do that? My tl is nothing but jokes, cars, sports, fashion(hypebeast) and music. I do have a homeboy that sends my 5 or 6 IG girls a day but he been on mute for some years now.
- Mar 19, 2013
- 16,857
- 34,954
“For injuries call Jacob and Ronnnnie”Come to find out it actually says Jacob Emrani
- Oct 28, 2013
- 47,371
- 195,661
- Oct 13, 2001
- 175,916
- 164,323
darthska
Staff member
- Apr 30, 2004
- 53,885
- 42,679
- Jun 5, 2014
- 29,666
- 48,174
- Nov 7, 2019
- 9,905
- 32,636
- Oct 8, 2002
- 46,058
- 50,755
Oh lawd, Aubrey got a tape leaked.
6 Rings G.O.A.T.
Supporter
- Feb 11, 2006
- 144,275
- 131,732
- Aug 22, 2012
- 14,463
- 21,451
Ya'll think an album he did accidently released? It was probably planned
