The post whore thread.

[Great-Kazoo]

Good advice. I was just going to post the same thing.

I have many cards I haven't used in years, including a personal line of credit with my bank. Sometimes I wonder if I should ping them every once in a while (and of course pay them immediately.)

I carry ZERO revolving debt. Only my Amex ever shows a balance on reports, which is kinda stupid if you ask me, as it's paid in full every cycle.

There's a few lying dormant in the misc crap pile. While having good - vg credit score is a plus, I'm mid 800's It's really ones debt to income ratio that gives you loan capability.

[OtterbatHellcat]

Oddly enough, paying off a CC every month does not help you build credit score.

Buy something modest and within your budget, and extend that out with your payments as long as you can, that will enhance your credit when you pay it off.

[OtterbatHellcat]

Also, many of you might not have known that I am a scientist, not credited or tenured or anything like that, but.......

You CAN hold a spent dryer sheet directly in front of a floor model space heater before the cool down cycle, and it will not catch on fire if set at 72 degrees. Clearly more research is needed, and results of future findings will be posted for realistic entertainment values.

[Irving]

Oddly enough, paying off a CC every month does not help you build credit score.

Buy something modest and within your budget, and extend that out with your payments as long as you can, that will enhance your credit when you pay it off.

Correct, but doing so keeps the card active, and most importantly keeps people out of trouble who might tend to overspend.

[CS1983]

Oddly enough, paying off a CC every month does not help you build credit score.

Buy something modest and within your budget, and extend that out with your payments as long as you can, that will enhance your credit when you pay it off.

Personally, I use CC to counter skimming issues with use of debit card since there's more protection offered (though I realize some financial institutions now offer this with debit cards), and to shop online. I pay off every month to avoid paying interest, not build credit.

"I have an interest in the day
that the bankers will say,
oh brother, it's my turn to pay."

[buffalobo]

Spent my early(for today) morning drinking coffee and prepping smoker while being serenaded by about a dozen Meadowlarks.

Meadowlark to Grackle ratio seems up alot this year so far and we are enjoying it. Meadowlarks are our favorite and we dislike Grackles.

[BladesNBarrels]

"I have an interest in the day
that the bankers will say,
oh brother, it's my turn to pay."

Wells Fargo is looking at $1 Billion fine - yes, Billion with a "B"
Too bad the folks that were hurt by their practices don't get their repossessed cars and foreclosed homes back.

Just noticed this is the 1,000th post. I guess I am done!

[buffalobo]

Get out of the city.

[buffalobo]

Too much noise and stupid.

[buffalobo]

At least in the country our own stupid is spread out and usually no one around to see or laugh.