Do you have credit card debt?

More then the $11K and I hate it. My wife seems to think that buying it on credit is not the same as spending our money. :BangHead:

 

I generally try to avoid carrying a balance, but I've had to use credit cards lately since I was recently without a job.

 

Sorry to her Buddy we'll keep you in prayer... raying:

 

Things are on the up and up, though. God has provided me with a place of service and a place to live. Thanks for the prayers.

 

It would be intestering to know how many do not own a credit card, but do own a debit card.

 

I only have one card (VISA), but haven't used it for about two years. No credit or any debt for that matter. Everything we own has been paid for.

 

I use a debit card. They are especially useful now that ATM's are available all over the world. No more carrying cash or travelers checks when I travel and/or live in another country. I then check at least weekly online my account to be sure nothing "strange" appears on the charges.

 

I have no credit cards, but I do use a debit card.

I have no debt, other than our home.

I get punished for not having credit cards, however.

I recently got DSL and I had to put down a deposit because when they went to look up my credit rating, nothing appeared.

I would think that would mean excellent credit. They don't see it that way...

 

There is nothing wrong with having a credit card if it is used in the right way. My wife and I pay off the balance at the end of each month. As an added bonus we get cash back. Last year was just above $250.00. I purchase gas with another credit card which gives me 3% off on the first $150.00. It's not much, but three cents off per gallon is better than zero. Over a year it adds up to $54.00.

 

I have two cards that have been used in emergancies as well as putting my DSL charges on every month. Other than that I try to pay cash.

 

You are correct, but I had a tendency to overspend once and I cut up all my credit cards, paid off all the bills, and will NOT have another one...so for ME, it is wrong to have one.

 

Can I send my wife to have you explain this to her? :applause: :applause: :thumbs:

 

Sure! Just have her drive down I-55 a piece and I will have coffee waiting. :smilewinkgrin:

 

I did! It ruined me! Now I do not! And not much else either. The only thing I have is God and His grace.

 

I''ve known others in this same situation. It would seem like the mortgage woiuld be enough!

 

Even rent if you always pay on time... :thumbs: :applause:

 

I had just a debit card for several years.
I started a new job last fall that required me to get a credit card.

So far I have just paid it off each month.

A couple of times I have actually paid it off more than once a month since I have a low spending limit and I travel a lot.

Technically I am self employed so it is nice to keep all work related expenses on my Visa credit card and everything else on my debit card.

 

We used to have a credit card. I used it to buy the kids school clothes and some things that I needed for myself. I found that the clothes were worn out or outgrown, and we were still paying the credit card company for them. I thought it very foolish, so I cut up my card and haven't had one for about 15 years.

I do have a debit card, tho.

 

i never had a C.Card.

I am now in my 30's and I have never had a credit card in my life....