Menu

Home › Forums › Housing › credit card limit story

Viewing 15 posts - 61 through 75 (of 126 total)
1 2 3 4 5 6 7 8 9
  • Author
    Posts
  • January 25, 2009 at 5:21 PM #336398
    davelj
    Participant

    [quote=AN]I guess some people are too rich to care about $75/month of free money and call it a silly game.[/quote]

    Given how many folks have the option of utilizing this “strategy” and, yet, choose not to, the obvious answer is yes.

    January 25, 2009 at 5:36 PM #335878
    Blissful Ignoramus
    Participant

    [quote=davelj]This is the price you pay for financial gamesmanship. [/quote]

    You’ve got it right here, in a nutshell.

    January 25, 2009 at 5:36 PM #336205
    Blissful Ignoramus
    Participant

    [quote=davelj]This is the price you pay for financial gamesmanship. [/quote]

    You’ve got it right here, in a nutshell.

    January 25, 2009 at 5:36 PM #336292
    Blissful Ignoramus
    Participant

    [quote=davelj]This is the price you pay for financial gamesmanship. [/quote]

    You’ve got it right here, in a nutshell.

    January 25, 2009 at 5:36 PM #336321
    Blissful Ignoramus
    Participant

    [quote=davelj]This is the price you pay for financial gamesmanship. [/quote]

    You’ve got it right here, in a nutshell.

    January 25, 2009 at 5:36 PM #336408
    Blissful Ignoramus
    Participant

    [quote=davelj]This is the price you pay for financial gamesmanship. [/quote]

    You’ve got it right here, in a nutshell.

    January 25, 2009 at 6:15 PM #335898
    an
    Participant

    [quote=davelj]
    Given how many folks have the option of utilizing this “strategy” and, yet, choose not to, the obvious answer is yes.[/quote]
    Yep, many people also don’t use coupons, don’t care if the items they’re buying are on sale, don’t shop around, ask for a discount, and many people bought houses in 2005. I guess the majority really know what’s best.

    January 25, 2009 at 6:15 PM #336225
    an
    Participant

    [quote=davelj]
    Given how many folks have the option of utilizing this “strategy” and, yet, choose not to, the obvious answer is yes.[/quote]
    Yep, many people also don’t use coupons, don’t care if the items they’re buying are on sale, don’t shop around, ask for a discount, and many people bought houses in 2005. I guess the majority really know what’s best.

    January 25, 2009 at 6:15 PM #336312
    an
    Participant

    [quote=davelj]
    Given how many folks have the option of utilizing this “strategy” and, yet, choose not to, the obvious answer is yes.[/quote]
    Yep, many people also don’t use coupons, don’t care if the items they’re buying are on sale, don’t shop around, ask for a discount, and many people bought houses in 2005. I guess the majority really know what’s best.

    January 25, 2009 at 6:15 PM #336341
    an
    Participant

    [quote=davelj]
    Given how many folks have the option of utilizing this “strategy” and, yet, choose not to, the obvious answer is yes.[/quote]
    Yep, many people also don’t use coupons, don’t care if the items they’re buying are on sale, don’t shop around, ask for a discount, and many people bought houses in 2005. I guess the majority really know what’s best.

    January 25, 2009 at 6:15 PM #336428
    an
    Participant

    [quote=davelj]
    Given how many folks have the option of utilizing this “strategy” and, yet, choose not to, the obvious answer is yes.[/quote]
    Yep, many people also don’t use coupons, don’t care if the items they’re buying are on sale, don’t shop around, ask for a discount, and many people bought houses in 2005. I guess the majority really know what’s best.

    January 25, 2009 at 6:18 PM #335903
    an
    Participant

    [quote=Blissful Ignoramus][quote=davelj]This is the price you pay for financial gamesmanship. [/quote]

    You’ve got it right here, in a nutshell.
    [/quote]
    I totally agree with this statement though. That’s why if you want to do things like this and don’t want it to affect your credit, keep the balance to limit ratio to below 30%. If you have $170k in credit limit, getting a $50k in 0% balance transfer wouldn’t affect much.

    January 25, 2009 at 6:18 PM #336230
    an
    Participant

    [quote=Blissful Ignoramus][quote=davelj]This is the price you pay for financial gamesmanship. [/quote]

    You’ve got it right here, in a nutshell.
    [/quote]
    I totally agree with this statement though. That’s why if you want to do things like this and don’t want it to affect your credit, keep the balance to limit ratio to below 30%. If you have $170k in credit limit, getting a $50k in 0% balance transfer wouldn’t affect much.

    January 25, 2009 at 6:18 PM #336317
    an
    Participant

    [quote=Blissful Ignoramus][quote=davelj]This is the price you pay for financial gamesmanship. [/quote]

    You’ve got it right here, in a nutshell.
    [/quote]
    I totally agree with this statement though. That’s why if you want to do things like this and don’t want it to affect your credit, keep the balance to limit ratio to below 30%. If you have $170k in credit limit, getting a $50k in 0% balance transfer wouldn’t affect much.

    January 25, 2009 at 6:18 PM #336346
    an
    Participant

    [quote=Blissful Ignoramus][quote=davelj]This is the price you pay for financial gamesmanship. [/quote]

    You’ve got it right here, in a nutshell.
    [/quote]
    I totally agree with this statement though. That’s why if you want to do things like this and don’t want it to affect your credit, keep the balance to limit ratio to below 30%. If you have $170k in credit limit, getting a $50k in 0% balance transfer wouldn’t affect much.

  • Author
    Posts
Viewing 15 posts - 61 through 75 (of 126 total)
1 2 3 4 5 6 7 8 9
  • You must be logged in to reply to this topic.