Comments on: Are You In Debt With Your Credit Card Company? http://www.nobsinvest.com/are-you-in-debt-with-your-credit-card-company/ An Investment Publication Tue, 06 Jan 2009 19:27:59 +0000 http://wordpress.org/?v=2.2.2 By: Secured Home Loans for UK Homeowners http://www.nobsinvest.com/are-you-in-debt-with-your-credit-card-company/#comment-2921 Secured Home Loans for UK Homeowners Fri, 16 May 2008 18:10:16 +0000 http://www.nobsinvest.com/are-you-in-debt-with-your-credit-card-company/#comment-2921 <strong>Secured Home Loans for UK Homeowners...</strong> links to good articles on secured loans / homeowner loans... Secured Home Loans for UK Homeowners…

links to good articles on secured loans / homeowner loans…

]]> By: Jude http://www.nobsinvest.com/are-you-in-debt-with-your-credit-card-company/#comment-121 Jude Mon, 03 Dec 2007 16:09:47 +0000 http://www.nobsinvest.com/are-you-in-debt-with-your-credit-card-company/#comment-121 It isn't surprising that most youngsters fall into the 'look good, spend money first' trap with all the advertisements and the lifestyles potrayed on TV. Well good for you Andy! And Good luck to your credit ratings! (tsk, tear away those offers if you can :P) It isn’t surprising that most youngsters fall into the ‘look good, spend money first’ trap with all the advertisements and the lifestyles potrayed on TV.

Well good for you Andy! And Good luck to your credit ratings! (tsk, tear away those offers if you can :P)

]]> By: Jude http://www.nobsinvest.com/are-you-in-debt-with-your-credit-card-company/#comment-120 Jude Mon, 03 Dec 2007 16:07:55 +0000 http://www.nobsinvest.com/are-you-in-debt-with-your-credit-card-company/#comment-120 Right, spend money wisely is the #1 tip here. Delay gratification and separating a want from a need. Use it only for emergency. Haven't really talked to you for awhile Levaz, how're you! Right, spend money wisely is the #1 tip here. Delay gratification and separating a want from a need. Use it only for emergency.

Haven’t really talked to you for awhile Levaz, how’re you!

]]> By: Andy http://www.nobsinvest.com/are-you-in-debt-with-your-credit-card-company/#comment-119 Andy Mon, 03 Dec 2007 15:33:51 +0000 http://www.nobsinvest.com/are-you-in-debt-with-your-credit-card-company/#comment-119 I only have one credit card now that I use, a dept. store card. After being in trouble several years ago, I almost exclusively use a bank debit card now. Now that I have been behaving myself, I am getting tons of credit card offers again. Nope, not falling into that trap again. Live and learn. :-) Best to all. A. S. (Andy) I only have one credit card now that I use, a dept. store card. After being in trouble several years ago, I almost exclusively use a bank debit card now. Now that I have been behaving myself, I am getting tons of credit card offers again. Nope, not falling into that trap again. Live and learn. :-)

Best to all.

A. S. (Andy)

]]> By: Levaz http://www.nobsinvest.com/are-you-in-debt-with-your-credit-card-company/#comment-118 Levaz Mon, 03 Dec 2007 14:31:56 +0000 http://www.nobsinvest.com/are-you-in-debt-with-your-credit-card-company/#comment-118 The best use of credit cards if like a regular debit card, but with added benefits like fraud protection, extended warranty, air miles and the ability to pay off the bill in one shot at the end of the month. Sadly, most people use it to buy stuff they cannot otherwise afford. If you have not saved up for an item, you should NOT buy that item. You will be less likely to purchase an item "just because" if you follow this rule. If one must use a credit card for expenses, it should ONLY be for unforeseen emergencies, that too if it is outside the scope of the regimented 6 months household expenses emergency funds. The best use of credit cards if like a regular debit card, but with added benefits like fraud protection, extended warranty, air miles and the ability to pay off the bill in one shot at the end of the month. Sadly, most people use it to buy stuff they cannot otherwise afford.

If you have not saved up for an item, you should NOT buy that item. You will be less likely to purchase an item “just because” if you follow this rule.

If one must use a credit card for expenses, it should ONLY be for unforeseen emergencies, that too if it is outside the scope of the regimented 6 months household expenses emergency funds.

]]> By: Jude http://www.nobsinvest.com/are-you-in-debt-with-your-credit-card-company/#comment-117 Jude Mon, 03 Dec 2007 12:47:49 +0000 http://www.nobsinvest.com/are-you-in-debt-with-your-credit-card-company/#comment-117 I get what you mean. It's nice to always have someone to pay for your cinema tickets or shopping from time to time isn't it? As long as you pay your credit card bills that is. I get what you mean. It’s nice to always have someone to pay for your cinema tickets or shopping from time to time isn’t it?

As long as you pay your credit card bills that is.

]]> By: mfalcon http://www.nobsinvest.com/are-you-in-debt-with-your-credit-card-company/#comment-116 mfalcon Mon, 03 Dec 2007 12:40:18 +0000 http://www.nobsinvest.com/are-you-in-debt-with-your-credit-card-company/#comment-116 hi jude, hope you are enjoying it here in singapore. yeah... a friend, unfortunately. the interest will be charged against your outstanding amt as well any other amt that's subsequently charged to the card (even though this amt is not due for payment yet). many pple don't know this and think they will have no problems settling the outstanding amt. i use credit card to get points (not for air miles, but for vouchers, and stuff). the points do not expire annually, so can accumulate quite a fair bit. hi jude,
hope you are enjoying it here in singapore. yeah… a friend, unfortunately. the interest will be charged against your outstanding amt as well any other amt that’s subsequently charged to the card (even though this amt is not due for payment yet). many pple don’t know this and think they will have no problems settling the outstanding amt.

i use credit card to get points (not for air miles, but for vouchers, and stuff). the points do not expire annually, so can accumulate quite a fair bit.

]]> By: Jude http://www.nobsinvest.com/are-you-in-debt-with-your-credit-card-company/#comment-115 Jude Mon, 03 Dec 2007 02:29:35 +0000 http://www.nobsinvest.com/are-you-in-debt-with-your-credit-card-company/#comment-115 Debit card has protection? I haven't really heard about that, interesting! Thanks for getting back Don ;) Debit card has protection? I haven’t really heard about that, interesting!

Thanks for getting back Don ;)

]]> By: Don http://www.nobsinvest.com/are-you-in-debt-with-your-credit-card-company/#comment-114 Don Sun, 02 Dec 2007 18:09:00 +0000 http://www.nobsinvest.com/are-you-in-debt-with-your-credit-card-company/#comment-114 Not very much anymore, since we want to accumulate airmiles.. But when we do use them it is in leiu of writing a check.. If I do use my debit card for online purchases it is protected, same as a credit card.. Not very much anymore, since we want to accumulate airmiles.. But when we do use them it is in leiu of writing a check.. If I do use my debit card for online purchases it is protected, same as a credit card..

]]> By: Jude http://www.nobsinvest.com/are-you-in-debt-with-your-credit-card-company/#comment-113 Jude Sun, 02 Dec 2007 17:16:51 +0000 http://www.nobsinvest.com/are-you-in-debt-with-your-credit-card-company/#comment-113 Hey Don! Good to see you here and thank you for sharing! It's really about shifting it properly as to occur the minimum or totally zero interest at all. What's the debit cards use for, mind if I ask? Hey Don! Good to see you here and thank you for sharing!

It’s really about shifting it properly as to occur the minimum or totally zero interest at all.

What’s the debit cards use for, mind if I ask?

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