NooBesT
Pizzahitler
+873|6698

Jenspm wrote:

I got a credit card the day I turned 18, lol
You're over 18?
https://i.imgur.com/S9bg2.png
Uzique
dasein.
+2,865|6699
and i've never wanted anything so badly that i've thought 'fuck it, ill buy it today instead of next month and pay twice as much for it over 12 months'

jens i thought you're doing economics, come on, seriously
libertarian benefit collector - anti-academic super-intellectual. http://mixlr.com/the-little-phrase/
PrivateVendetta
I DEMAND XMAS THEME
+704|6420|Roma

Uzique wrote:

i don't have a credit card... what's the point when you can just afford shit?

run out of money? savings/family.

easier to pay back... no interest... no fucking credit companies chasing you... no shitty credit ratings

there's really just no need to have a credit card before you work full-time
I think it's pretty useful if you suddenly need more money than you can access at that moment.
For example, savings account not accessible by card, you get some massive car trouble.
https://static.bf2s.com/files/user/29388/stopped%20scrolling%21.png
UnkleRukus
That Guy
+236|5265|Massachusetts, USA

Uzique wrote:

i don't have a credit card... what's the point when you can just afford shit?

run out of money? savings/family.

easier to pay back... no interest... no fucking credit companies chasing you... no shitty credit ratings

there's really just no need to have a credit card before you work full-time
The only real reason to have one is to build a line of good credit up. That's about it.
If the women don't find ya handsome. They should at least find ya handy.
Jenspm
penis
+1,716|6961|St. Andrews / Oslo

Uzique wrote:

i don't have a credit card... what's the point when you can just afford shit?

run out of money? savings/family.

easier to pay back... no interest... no fucking credit companies chasing you... no shitty credit ratings

there's really just no need to have a credit card before you work full-time
I have it just in case my Visa card doesn't work for some reason (magnetic strip failing used to be a problem pre chips, also losing it)


It's interest-free if you pay it off within a month anyway.
https://static.bf2s.com/files/user/26774/flickricon.png https://twitter.com/phoenix/favicon.ico
Poseidon
Fudgepack DeQueef
+3,253|6767|Long Island, New York

HaiBai wrote:

im 16 faggot.
lmfao

Uzique wrote:

there's really just no need to have a credit card before you work full-time
believe it or not, i agree.. i would rather NOT start off my credit score as total shit. My father is completely financially sound because even with his credit card, he only makes purchases he KNOWS he can afford.
Uzique
dasein.
+2,865|6699
you don't need a good credit-rating at age 18-21, though. not gonna be buying a 4 bedroom detached house any time soon.

and fair about cards failing... i have 2 current accounts, though, so = 2x debit
libertarian benefit collector - anti-academic super-intellectual. http://mixlr.com/the-little-phrase/
Hurricane2k9
Pendulous Sweaty Balls
+1,538|5931|College Park, MD
Uzi, it's not bad if you pay off the card in full each month. It helps you build up credit (at least in the US, I'm sure it's the same over there) and you don't pay interest on it.

Vendetta, good point. The other day I needed to fuel up my dad's car so I could drive it out to a concert. Well I didn't have much money in my checking account at the time so I just put it on my credit card, and my dad paid me back.
https://static.bf2s.com/files/user/36793/marylandsig.jpg
Jay
Bork! Bork! Bork!
+2,006|5587|London, England

Uzique wrote:

and i've never wanted anything so badly that i've thought 'fuck it, ill buy it today instead of next month and pay twice as much for it over 12 months'

jens i thought you're doing economics, come on, seriously
Hey, I agree with you on something.
"Ah, you miserable creatures! You who think that you are so great! You who judge humanity to be so small! You who wish to reform everything! Why don't you reform yourselves? That task would be sufficient enough."
-Frederick Bastiat
Uzique
dasein.
+2,865|6699

Poseidon wrote:

HaiBai wrote:

im 16 faggot.
lmfao

Uzique wrote:

there's really just no need to have a credit card before you work full-time
believe it or not, i agree.. i would rather NOT start off my credit score as total shit. My father is completely financially sound because even with his credit card, he only makes purchases he KNOWS he can afford.
i dont think my dad or uncle have used a credit card since the 80's
libertarian benefit collector - anti-academic super-intellectual. http://mixlr.com/the-little-phrase/
HaiBai
Your thoughts, insights, and musings on this matter intrigue me
+304|5713|Bolingbrook, Illinois

Poseidon wrote:

HaiBai wrote:

im 16 faggot.
lmfao
lol is right.  how does it feel like to be owned by a junior?
Poseidon
Fudgepack DeQueef
+3,253|6767|Long Island, New York

Uzique wrote:

you don't need a good credit-rating at age 18-21, though. not gonna be buying a 4 bedroom detached house any time soon.

and fair about cards failing... i have 2 current accounts, though, so = 2x debit
well, I would like an apartment for one or both of my last 2 years of college and especially grad school... and I know I'm not getting one if I racked up $10K worth of debt.

i'm not taking out any student loans for next year.  it's a either a job or... selling blood and semen


Uzique wrote:

Poseidon wrote:

HaiBai wrote:

im 16 faggot.
lmfao

Uzique wrote:

there's really just no need to have a credit card before you work full-time
believe it or not, i agree.. i would rather NOT start off my credit score as total shit. My father is completely financially sound because even with his credit card, he only makes purchases he KNOWS he can afford.
i dont think my dad or uncle have used a credit card since the 80's
my dad still uses his... he's in VERY good standing with amex though because of his outstanding record. he's cheap as fuck (seriously takes the stereotype to the fullest) but he's one of the smartest people I know when it comes to finances.

Last edited by Poseidon (2010-10-31 16:22:27)

UnkleRukus
That Guy
+236|5265|Massachusetts, USA

Poseidon wrote:

Uzique wrote:

you don't need a good credit-rating at age 18-21, though. not gonna be buying a 4 bedroom detached house any time soon.

and fair about cards failing... i have 2 current accounts, though, so = 2x debit
well, I would like an apartment for one or both of my last 2 years of college and especially grad school... and I know I'm not getting one if I racked up $10K worth of debt.

i'm not taking out any student loans for next year.  it's a either a job or... selling blood and semen
Sperm banks don't accept semen with aids in it. Same with blood banks.
If the women don't find ya handsome. They should at least find ya handy.
Uzique
dasein.
+2,865|6699
student loans here are standardized and from a state-sponsored loans company, basically... rather than corporate sharks.
libertarian benefit collector - anti-academic super-intellectual. http://mixlr.com/the-little-phrase/
PrivateVendetta
I DEMAND XMAS THEME
+704|6420|Roma
I swear these two threads should be merged now..
https://static.bf2s.com/files/user/29388/stopped%20scrolling%21.png
Poseidon
Fudgepack DeQueef
+3,253|6767|Long Island, New York

Uzique wrote:

student loans here are standardized and from a state-sponsored loans company, basically... rather than corporate sharks.
sallie mae owns my soul until I give them back about $5000
Uzique
dasein.
+2,865|6699
my dad and uncle just ball with straight cash or wire-transfers for all their payments

no credit

new range rover? would you like that in 50's or 100's?

i am also going to avoid credit in such a fashion

libertarian benefit collector - anti-academic super-intellectual. http://mixlr.com/the-little-phrase/
Jay
Bork! Bork! Bork!
+2,006|5587|London, England
Putting anything on credit is a losing proposition. Want to own a home? Save up over 5-10 years and pay cash. Why give the banks hundreds of thousands of dollars?
"Ah, you miserable creatures! You who think that you are so great! You who judge humanity to be so small! You who wish to reform everything! Why don't you reform yourselves? That task would be sufficient enough."
-Frederick Bastiat
Hurricane2k9
Pendulous Sweaty Balls
+1,538|5931|College Park, MD

JohnG@lt wrote:

Putting anything on credit is a losing proposition. Want to own a home? Save up over 5-10 years and pay cash. Why give the banks hundreds of thousands of dollars?
You'd have to save like $30,000 a year to buy a home in either the hood or the sticks around here.
https://static.bf2s.com/files/user/36793/marylandsig.jpg
Toilet Sex
one love, one pig
+1,775|6801

poseidon, haibai and rukus comparing fail notes is painful to read
Winston_Churchill
Bazinga!
+521|6968|Toronto | Canada

UnkleRukus wrote:

Or buying them used, online for a fraction of the cost. I payed 20 bucks for a book that would have cost me 90.
Err, I dont think you listened.  A fair amount of my books are brand new editions.  And I bought every book of mine but 1 that wasnt a new edition used.  Still cost me about $600 instead of $800ish.  Its not thaaat big of a difference

And credit cards are completely necessary here.  My debit card has a $200 swipe limit, whereas my credit card has a $1k limit.  Want to buy a nice winter jacket?  I'd have to walk around with a big wad of cash in my pocket to do so...  I never wait to pay it off anyway so I dont see the problem.  And building credit is always a plus.

Last edited by Winston_Churchill (2010-10-31 16:33:58)

UnkleRukus
That Guy
+236|5265|Massachusetts, USA

Toilet Sex wrote:

poseidon, haibai and rukus comparing fail notes is painful to read
The difference between us is that I'm completely not serious.
If the women don't find ya handsome. They should at least find ya handy.
Jay
Bork! Bork! Bork!
+2,006|5587|London, England

Hurricane2k9 wrote:

JohnG@lt wrote:

Putting anything on credit is a losing proposition. Want to own a home? Save up over 5-10 years and pay cash. Why give the banks hundreds of thousands of dollars?
You'd have to save like $30,000 a year to buy a home in either the hood or the sticks around here.
I plan to save about 60-70k a year once I start working full time in January. Between myself and my gf it's easily doable.
"Ah, you miserable creatures! You who think that you are so great! You who judge humanity to be so small! You who wish to reform everything! Why don't you reform yourselves? That task would be sufficient enough."
-Frederick Bastiat
Hurricane2k9
Pendulous Sweaty Balls
+1,538|5931|College Park, MD

Hurricane2k9 wrote:

JohnG@lt wrote:

Putting anything on credit is a losing proposition. Want to own a home? Save up over 5-10 years and pay cash. Why give the banks hundreds of thousands of dollars?
You'd have to save like $30,000 a year to buy a home in either the hood or the sticks around here.
maybe 20,000 if you find a good deal. And that'd be for a 2BR.
https://static.bf2s.com/files/user/36793/marylandsig.jpg
Toilet Sex
one love, one pig
+1,775|6801

UnkleRukus wrote:

Toilet Sex wrote:

poseidon, haibai and rukus comparing fail notes is painful to read
The difference between us is that I'm completely not serious.
the only difference is haibai is probably the most retarded

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