Credit Cards
A community for discussing any aspect of credit cards. It is important to pay them in full and on time. Please ask questions and contribute to the knowledge surrounding credit cards
Rules
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No-thing Nefarious. This applies to any posts where we suspect anything potentially illegal or fraudulent, and may include buying/selling tradelines.
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No Referrals. No links; no codes. Don’t post them; don’t hint at offering them; don’t ask for them. Use rankt.com. This includes any behavior that could be deemed fishing for referrals.
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No PM’ing Referrals. Spamming other users will get you banned.
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No Link Shorteners.
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Self-promotional posts must be pre-approved by a mod. Such posts are generally unwelcome. We may make an exception if it’s truly unique and helpful.
Be nice. (Don’t be a dick.)
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Also something to realize is that buying things on credit isn't always a bad thing. If you have $30,000 to buy a car, and get 0% financing, you can do a lot with the rest of that cash while paying off the car. (as long as you don't miss any payments, or do anything that will charge you fees)
Buying things with a credit card can also protect you from problems, many credit cards have strong fraud and warranty protection.
Keeping a credit card for emergency purchases that you may not have the immediate cash for can also be helpful, as long as you do it responsibly.
Wealthy people use loans, credit, and delayed payments to maximize their portfolio.