VIDEO ON MSN MONEY
DONT MAKE MINIMUM PAYMENTS IF POSSIBLE
HORRIBLE WAY TO DECREASE DEBT
should I send a link to this to the white house or the president????
I guess it wouldn't apply to them anyway??? LOL
Don't "Play by the rules". That can really hurt you.
I played by the rules.. payed more than the minimums on four accounts without fail. My income to debt ratio was stellar.
Unbeknownst to me, the companies I was dealing with were lowering my credit limits and not telling me, thereby making it appear that I was using a higher percentage of available credit - which was originally not the case.
Play by the rules = watch your credit score go DOWN by 100.
Doesn't cost me a penny to take cash out of an ATM. Oh, wait. I have a *debit* card. I haven't had a *credit* card since 1999.
Patricia, who has their hands in the pockets of the banks? Conservatives, laughable.....Goerge Soros Bill Gtaes, Warren buffet, John (Heinz) Kerry, Al Gore, Henry Reid, Nancy Pelosi. Remeber Corzine? The list goes on and on.
There are more "rich" Democrats than Repulicans. Your Koolaid has been spiked.
Try not using one all together. Cut them up! Pay with Debit card for purchases requiring plastic. You just might become rich in the process. Feel sorry for those down voting this one - you're never going to get ahead and blame others.
What is this Money Center? Hopefully, it's not a way to grab more money from people.
Auto-bill payers are terrible. Try to stop an auto-bill and see what happens. You'll be charged fees, or it will keep taking money because some items are in the middle of being "processed." You can't expect your bills to automatically be paid if you lose your source of income anyway.
I am convinced they are affiliated credit card companies now--get credit cards, purchase $1,000, hope you can afford to pay the bill and that it gets processed correctly and on time.
It is good advice to watch for fraud and never to co-sign a loan, but the rest of this really is bad advice.
As was pointed out by Canarya**, 30% of 3,000 is 900, not 1,000. I know sometimes these errors happen, but really, this is a simple one and should be fixed.
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