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What some will do for a credit card

Discussion in 'Money & Finance Forum' started by PhotoGuy, Jun 17, 2003.

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  1. Jun 17, 2003 at 9:02 PM #21
    PhotoGuy

    PhotoGuy Can you hear me now?

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    When I win the Powerball lotto, I am going to start my own credit card company and take everyone else's money. :p
     
  2. Jun 17, 2003 at 9:04 PM #22
    VOR

    VOR OnlyU CanPreventRelection

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    you pay it one way or the other.
     
  3. Jun 17, 2003 at 9:06 PM #23
    PhotoGuy

    PhotoGuy Can you hear me now?

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    I want a $100,000 house. Where am I going to come up with $20,000?
     
  4. Jun 17, 2003 at 9:06 PM #24
    meatpile

    meatpile 7-9

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    It's a huge business. I sold cars for six months at a loser dealership as a kind of hobby like 10 years ago.

    Anyway - LOTS of guys paying the 20% interest on 120% of vehicle value (b/c the trade-in had negative equity).

    Nothing like a 72 month loan at 20% on a trashed out sports car with 95k miles on it to ruin yourself financially. Consumerism is outta hand.

    I've been having alot of strange feelings about house debt. I hate my mortgage more than anything else right now. I have half a mind to sell this joint, take the equity and pay cash for a much lower lifestyle. But is it lower? I'd have no mortgage. That's livin' large, if you ask me.
     
  5. Jun 17, 2003 at 9:12 PM #25
    PhotoGuy

    PhotoGuy Can you hear me now?

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    We are moving in with Mrs Photo's parents at the beach and I am going to get me a good car with the money we will be saving by not paying rent.
     
  6. Jun 17, 2003 at 9:14 PM #26
    kshead

    kshead What's the spread?

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    We are getting ready to buy new. In an inflated market. I'll be on the government treadmill forever. :(

    I had forgotten you sold cars. The SO said there place would make that deal if the sports car had 80K or less.
     
  7. Jun 17, 2003 at 9:24 PM #27
    chipshot

    chipshot Full Access Member

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    my first credit card was 100% free, it only had a 200 dollar limit but it worked in building me a credit history
     
  8. Jun 17, 2003 at 9:24 PM #28
    VOR

    VOR OnlyU CanPreventRelection

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    80k still sucks 30k a year that car'll be used up in 3 years probably sooner because such a fool can't afford maintenance or good gas.
     
  9. Jun 17, 2003 at 9:27 PM #29
    meatpile

    meatpile 7-9

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    I bought high, but it hasn't 'recessed'. Hasn;t gone up much, though.

    Fuck debt. Fuck debt. Fuck debt.

    My uncle is a real interesting old dude. Never borrows money. Paid under $40k for a little fixer upper in Sedgefield about 10 years ago. Works odd jobs for money. PLays golf in the mornings - and noted the traffic situation 'is completely the result of debt'. It's true. Work all day, pay taxes, pay the bank. Work all day, pay taces, pay the bank.
     
  10. Jun 17, 2003 at 9:37 PM #30
    Bunky

    Bunky .

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    in all, i got about 250k in debt right now. but it's all good.
     
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