Lets talk credit and credit cards

[L.L.R.J.]

Discover it Cash Back Credit Card | Apply in Minutes

We match all the cash back earned at the end of your 1st year! 2x cash back your 1st year. Apply today!

www.discover.com

Apply and see what happens.

That’s what I’m gonna apply for once this bankruptcy is over

 

[John Shippuden]

Whoa I was going to upgrade to Amex platinum but that $700 annual fee

 

[KingBlafy]

I got really good creadit
But not a lot of money
I ain’t going into debt
I pay my bills on time

Credit is just saying / showing “you can give me XYZ amount and I can pay it back right on time”. It’s Christmas season so I’m using my credit card more and probably won’t use it again for a while. I don’t know anyone else’s finances or how often they use their credit card, but I like to use it Bi monthly.


I was thinking of just putting SOME of my bills on my credit card so I can just have monthly payment only on my credit card.

 

[Mr BFK]

Whoa I was going to upgrade to Amex platinum but that $700 annual fee

View attachment 1434860

if you travel a lot

and have certain subscriptions

then the fee is a wash.....it's pretty much free once the benefits kick in over the year

 

[John Shippuden]

if you travel a lot

and have certain subscriptions

then the fee is a wash.....it's pretty much free once the benefits kick in over the year

Ehhh maybe once I pay my current card off I’ll upgrade

 

[Vagrant-718]

Thought about getting the Amex plat but went with the sapphire reserved

 

[L.L.R.J.]

Bankruptcy went through today. I’m officially discharged in February

 

[OGDirtyD]

View attachment 1435773

Bankruptcy went through today. I’m officially discharged in February

Damn Ro Bankruptcy? In all seriousness will they approve a good credit card right after that?

 

[L.L.R.J.]

Once again if you ain't got a credit card and using on your daily
Damn Ro Bankruptcy? They going give you a credit card after that?

Yep. Eventually

 

[OGDirtyD]

Yep. Eventually

Does it clear your record from it being reported on your credit?

 

[L.L.R.J.]

Does it clear your record from it being reported on your credit?

It’s on my credit report for 7 years. I pay none of my credit card debt

 

[OGDirtyD]

It’s on my credit report for 7 years. I pay none of my credit card debt

Not too bad at all. Thought it would be a bigger hole.

 

[L.L.R.J.]

@AZTG

My discharge date is in February. Should I wait until then to apply for a secured card or should I try now?

 

[AZTG]

@AZTG

My discharge date is in February. Should I wait until then to apply for a secured card or should I try now?

Good shit my bro. I know you feeling like a huge weight been lifting off your shoulders.

Idk the answer to your question though. I feel like you lose the secured credit card with everything else when they all get discharged. I would ask your lawyers office.

 

[L.L.R.J.]

My student loans were part of my bankruptcy

 

[Loquacious]

My credit score about to shoot through the roof now that my loans are forgiven!

 

[RandomOne]

Got my first year of free prime because of my card. I've read that people are getting it every year even though the promotion was only for 1 year. Would be awesome to get it every year. I'll find out next year

 

[grYmes]

My credit finally got on the right track after I paid my Capital One card off.

 

[L.L.R.J.]

My credit finally got on the right track after I paid my Capital One card off.

Capital One is gonna probably be the first credit card I apply for after my bankruptcy discharge

They kept sending me offers even though they were part of my bankruptcy lol

 

[Old Man Cain]

Capital One is gonna probably be the first credit card I apply for after my bankruptcy discharge

They kept sending me offers even though they were part of my bankruptcy lol

Join a credit union if you can. Also open up a line of credit at like a jewelry store. Buy something pay it off quickly as a close homie/family (who's responsible)to add you on their credit so you can piggyback off their credit history.

That'll help your credit grow