i have one credit card
I pay it off every month
my goyim score decreases.
I pay it off every month
my goyim score decreases.
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@Hyperhidrosis they try to make it sound like a fair game where you're rewarded for being financially "good," but it's really based on risk assessment: what have people who had similar behavior to you done in the past, and was it profitable for the lender?
not carrying enough of a balance month-to-month could actually hurt your credit score. they make more money when they get to charge interest and fees, the only real risk is if you go totally broke and either declare bankruptcy or make them accept a settlement. for example I ran my cards up, went delinquent, and settled for about 40% of the value. couple years later I was able to get a mortgage. so what does that tell you?
they thought I was just irresponsible enough to miss payments and earn them fees even after taking a huge loss on me. I've not gotten a credit card since though, just not interested in "building my credit," or any of that shit because it's all fake.
not carrying enough of a balance month-to-month could actually hurt your credit score. they make more money when they get to charge interest and fees, the only real risk is if you go totally broke and either declare bankruptcy or make them accept a settlement. for example I ran my cards up, went delinquent, and settled for about 40% of the value. couple years later I was able to get a mortgage. so what does that tell you?
they thought I was just irresponsible enough to miss payments and earn them fees even after taking a huge loss on me. I've not gotten a credit card since though, just not interested in "building my credit," or any of that shit because it's all fake.
@bajax @Hyperhidrosis apparently it thankfully doesn't work this way in Canada so my credit score is apparently amazing
@bajax @Hyperhidrosis The mortgage dude was asking me questions like I was an alien because of no debts
>"What about the cellphone?"
>"I just order an older refurb model for cheap"
>"What about the cellphone?"
>"I just order an older refurb model for cheap"
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@coolboymew @bajax @Hyperhidrosis Who the fuck has "cellphone debt"?
@Jens_Rasmussen @bajax @Hyperhidrosis you know these plans where you pay part of the cellphone cost monthly? I'm guessing this is basically 80~+% of plans now
@ElDeadKennedy @Hyperhidrosis @Jens_Rasmussen @bajax Everyone, it's one of the most common plans ever
(Payment plans = debt, btw)
(Payment plans = debt, btw)
@coolboymew @Hyperhidrosis @Jens_Rasmussen @bajax i mean people do that here but we're thirdworlders i had figured you guys wouldn't do that considering phones are so much relatively cheaper there
@coolboymew @Hyperhidrosis @Jens_Rasmussen @bajax back when we had really high inflation you could sometimes end up paying less if you had one of those really long payment plans. you just had to bet on the inflation rising even more
@ElDeadKennedy @Hyperhidrosis @Jens_Rasmussen @bajax @coolboymew both suprised and unsuprised that central bank loan intrest rate isnt dynamically added to a loan interest