anonomoose
New member
Many states have limits on what rate can be charged in that specific state. Might want to check to see what the rate is in your state.
If you find they are charging more than they should, you can tell the company to take a leap and go to court where they will be forced to take no interest at all.
For everyone else, a credit card was never designed to carry a balance over long term. It was there to ease the purchase of something, or to keep track of expenses over the month and pay one bill.
So use the card wisely....if you can't pay the bill off at the end of the month...then you can't afford the purchase and just don't do it.
Some people like me, have money coming in chunks. I can use the card, and pay it off when the money comes in. I keep track of all business expenses by using one card for that and one for personal use...both get paid off at the end of the month.
Sky miles, money back...and a bunch more reasons that a credit card can be a friend at times...not to mention the occasional disaster where the tranny breaks and not enough cash to cover the fix. But this all requires DISCIPLINE, which ONLY YOU can control. Take the card out of your wallet, and keep it at home. Before you buy anything, write it down, on a sheet of paper, put it on the table, and discuss OPTIONS for buying cheaper, less of something...., used, whatever, and DON'T BUY it for one week. Then if, after a week, you still think the purchase is the right one...get the card and do it.
Be surprised how many times you think that what you are doing is right until you think about it over time, and realize there is a better, cheaper way, or you just decide you don't need it that badly anyway.
Works like a charm.
If you find they are charging more than they should, you can tell the company to take a leap and go to court where they will be forced to take no interest at all.
For everyone else, a credit card was never designed to carry a balance over long term. It was there to ease the purchase of something, or to keep track of expenses over the month and pay one bill.
So use the card wisely....if you can't pay the bill off at the end of the month...then you can't afford the purchase and just don't do it.
Some people like me, have money coming in chunks. I can use the card, and pay it off when the money comes in. I keep track of all business expenses by using one card for that and one for personal use...both get paid off at the end of the month.
Sky miles, money back...and a bunch more reasons that a credit card can be a friend at times...not to mention the occasional disaster where the tranny breaks and not enough cash to cover the fix. But this all requires DISCIPLINE, which ONLY YOU can control. Take the card out of your wallet, and keep it at home. Before you buy anything, write it down, on a sheet of paper, put it on the table, and discuss OPTIONS for buying cheaper, less of something...., used, whatever, and DON'T BUY it for one week. Then if, after a week, you still think the purchase is the right one...get the card and do it.
Be surprised how many times you think that what you are doing is right until you think about it over time, and realize there is a better, cheaper way, or you just decide you don't need it that badly anyway.
Works like a charm.
