Lets talk credit and credit cards?

[Mod_Ro]

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Apply and see what happens.

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

 

[Suckio Andretti]

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

 

[Suckio Andretti]

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

 

[Mod_Ro]

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?

 

[Mod_Ro]

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?

 

[Mod_Ro]

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.

 

[Mod_Ro]

@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.

 

[Mod_Ro]

My student loans were part of my bankruptcy

 

[Loquacious]

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

 

[mike030270]

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.

 

[Mod_Ro]

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