The wonderful world of credit cards. Honest version.

[Thief]

The lowest credit rating possible is 300. You can't get a zero.

tell that to Equifax

I got it in writing

 

[Shadow Wolf]

tell that to Equifax

I got it in writing

You can't get a 0 with Equifax either.

 

[Akivah]

until you are attempting to purchase a pickup truck
and the salesman reports to your face......your credit rating is '0'

no truck

Wrong. Using Ramsey's methods, you only purchase things for cash. If you don't have the cash to cover the purchase, then you don't make the purchase and continue saving until you do.

 

[Akivah]

at more than 15% the typical will keep you in debt forever
not to mention 24%

where's Guido?......Plano Texas

That's only if a person pays just the minimum payment. If the ENTIRE balance is paid each month, then the interest is 0%. Interest on credit cards doesn't kick in until after the first billing month.

 

[Thief]

That's only if a person pays just the minimum payment. If the ENTIRE balance is paid each month, then the interest is 0%. Interest on credit cards doesn't kick in until after the first billing month.

i was buying a truck at the moment of transaction

 

[Thief]

You can't get a 0 with Equifax either.

i got it.......in writing......

for real

yes I did