Buy a DVD for Lib-er-ty.

Hey, that rhymes!

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It's shiat like this, Credit Cards

Threw away every card I own this year. Best decision I've ever made.

I used the cash from under my mattress. Am I still a True Patriot?

We had a good example from the gov., when in debt the best thing to do is get more in debt.

Exception Collection: I got an offer for 3% cash back on a credit card for all purchases. Of *course* I'm using the card - I get 3% cash back, plus I get interest (admittedly not much) on the amount I would have had debited from my account before paying the credit card.

Net debt goes down, I've gotten $80 in interest over two months, and I was able to use this to build a larger "cushion" in case of an emergency.

sweet! the perks are hard to find these days. good on you mate.

Joe Blowme: We had a good example from the gov., when in debt the best thing to do is get more in debt.

Aren't you conservative sorts usually into that "personal responsibility" thing?

Exception Collection: I got an offer for 3% cash back on a credit card for all purchases. Of *course* I'm using the card - I get 3% cash back, plus I get interest (admittedly not much) on the amount I would have had debited from my account before paying the credit card.

Net debt goes down, I've gotten $80 in interest over two months, and I was able to use this to build a larger "cushion" in case of an emergency.

Annual fee?

"In response, most banks eliminated rewards programs for debit cards and sweetened rewards for credit cards, which weren't affected by the rule, says Bill Hardekopf, CEO of LowCards.com.

For example, Chase and Citibank are offering new card holders $200 cash back if they spend $500."

Do not do this. There are more requirements to get the $200 cash back that you hold the card with a balance, blah, blah, blah. Read all the details carefully.

Ha, suckers. I did all my Xmas shopping with student loans. 5 G's baby!

Not this guy. Cash only these days. Whooo that big limit card I had back in the credit boom of the early 2K's learned me.

/Sureeee I'll take a 40K limit.

Exception Collection: I got an offer for 3% cash back on a credit card for all purchases. Of *course* I'm using the card - I get 3% cash back, plus I get interest (admittedly not much) on the amount I would have had debited from my account before paying the credit card.

Net debt goes down, I've gotten $80 in interest over two months, and I was able to use this to build a larger "cushion" in case of an emergency.

Chase Sapphire, Is that you!?

EyeballKid: Joe Blowme: We had a good example from the gov., when in debt the best thing to do is get more in debt.

Aren't you conservative sorts usually into that "personal responsibility" thing?

Your sarcasm meter broken? And why do you say that like its a bad thing?

No, I'm still extremely wary about debt and credit cards.

fark this "gotta' get into debt to build credit" bullshiat.

Joe Blowme: We had a good example from the gov., when in debt the best thing to do is get more in debt.

This. Fiscal responsibility is for suckers. Why pay your debts when you can just put them off indefinitely or wait for a bailout?

2wolves: [i1089.photobucket.com image 446x293]

Check out the correct use of a semicolon!

Came for picture of Professor Farnsworth.

/Leaving disappointed

Joe Blowme: Your sarcasm meter broken? And why do you say that like its a bad thing?

Yep. Sarcasm meter's broken. My bad.

Yeah, they will all be crying when the monthly statement comes in and they lose their jobs at the same time.

Exception Collection: I got an offer for 3% cash back on a credit card for all purchases. Of *course* I'm using the card - I get 3% cash back,

Just remember where the money ultimately comes from with a "cash back" card. The card company is charging the retailer a larger fee and is giving a portion of that back to you, while pocketing the difference. The retailer, in turn, is marking up his/her prices to compensate.

In a society in which only a small percentage of customers are using cash-back cards, the cards are a clear win for those few customers. In a hypothetical society in which everyone was getting "cash back" on all of their purchases, the only winners would be the credit card companies.

I'm still firmly afraid of my credit card. Just consolidated - could have bought a second car instead.

Boy I'm stupid.

Who woulda thought people lining up to buy discounted goods at 3 am would use credit cards to purchase stuff they don't really need?

Did all my Christmas shopping with my credit card. Will pay the balance off in two weeks, once all the charges clear. The money to pay it off is already in the bank, waiting for me to click a few buttons. I like the rewards I get for using the credit card, and it does help my credit score.

italie: Threw away every card I own this year. Best decision I've ever made.

You sound like you lack self control.

/How you doin'?

Fear the Clam: You sound like you lack self control.

I think it's pretty clear that most humans do.

Sarah Palin's Conscience: No, I'm still extremely wary about debt and credit cards.

fark this "gotta' get into debt to build credit" bullshiat.

Indeed, "credit" is simply a score that tells banks that they should loan money to you because you will get yourself into debt to them and then pay that debt off. You will get a higher score if you drag the process out and pay your debt back slowly, thus paying them more in interest. In layman's terms, it is a measure for how much of a sucker you are.

/Learned this the hard way

Facepalm!


BKITU: I pay off my balance in full every month, and get cash back and frequent-flyer miles. Apparently I'm doing it wrong.

/Almost 40k miles without flying an inch.

You're one of the few who actually maintain this.

Me? I stood down by the door and caught the gray men when they dove from the fourteenth floor. I dug myself a hole and laid down in it 'til I satisfied my soul.

/SD trifecta in play

Joe Blowme: We had a good example from the gov., when in debt the best thing to do is get more in debt.

Have you seen that new commercial on TV that says the government could learn a lot from drug addicts? Your comment just reminded me of it. ;)

Liese: Joe Blowme: We had a good example from the gov., when in debt the best thing to do is get more in debt.

Have you seen that new commercial on TV that says the government could learn a lot from drug addicts? Your comment just reminded me of it. ;)
Is it this one?
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Joe Blowme: Is it this one?

Yes.

Joe Blowme: We had a good example from the gov., when in debt the best thing to do is get more in debt.

The people are tired of Fartbongo, and going back to the ways of the almighty Dubya, shopping to defeat the terrorists.

The article never stated though what percentage of all that Black Friday buying was on credit cards. I'm thinking upwards of 80% or more.