/biz/ - Business & Finance

>>25734333
tighten your belt and pay it off as fast as you can

>>25734333
wow dude, if you need a payment plan to cover your credit card debt you shouldnt even have got one in the first place

also
>these are the people who post advice about crypto

>>25734424
Based Toddyposter

>>25734397
Paying it off asap really doesn't make too much sense. The point is, if you pay it off as fast as you can, then what's the point of using credit?

I can pay it, money is not the issue. I want to game the credit system where I get to have more money while worry less about the payment.

>>25734424
>Inb4 someone with a tiny penis says "are you poor", yes I'm poor.

Oh hey retard. Welcome to the thread.

>>25734487
simply dont buy what you can not afford

what is so diffiicult to grasp about that?

>>25734554
You're clearly too young to understand credit. Get off this thread you retarded zoomer.

Why the fuck do people use credit card? Europoor here, I only use mine for flights or hotels.
I just see literally zero reason to use a company middle man who can see all my transactions when I can just pay cash.

>>25734487
>Paying it off asap really doesn't make too much sense. The point is, if you pay it off as fast as you can, then what's the point of using credit?

have you ever heard of a thing called interest?

>>25734487
>I want to game the credit system where I get to have more money while worry less about the payment
idk what to tell ya then, I thought you had spent that debt to consooom
if you're gonna use it to leverage your position, do your calculations on the cost(interest) and potential returns

>>25734333
credit cards are a scam. pay it off in 30 days

>>25734594
if you use credit cards and make your payments like a good goy, kikes will raise your credit score

>>25734598
Interest on a 3k credit is really nothing to worry about. Let the fucking bank earn their 2 cents.

What you have to worry about in regards to interest is when you get credit for buying a house.

>>25734584
yes pay with credit card goy, good goy!
yes goy, pay interest on mundane everday purchases for as long as possible, good goy yes!

Real advice: "You pay a little more than the minimum as you can afford"
If the minimum is $50? Pay back $75-$100.
There's nothing wrong with being in debt on your credit card, the only problem you really have is when you're unable to pay it back or when debt in general gets far more than you can pay back.

>>25734598
Again, it only shows you're fucking retarded. Take care of your bag of shitcoins, kid, it needs you right now.

>>25734674
no its you and people like you who are the retards

you people get into debt for the most mundane of things and afterwards you complain that you're poor lol

>>25734333
You aren't going to pay off 3k in 6 months at 500 per payment, DID YOU FORGET ABOUT INTEREST YOU FOOL?

>>25734598
If you can out earn the interest payments in the markets, youre better off paying slow, same with mortgages.

>>25734738
Oh no... at month 6 he will have to pay an extra $5...
Credit card fees and interest rates are much lower if you remember to pay back at least the minimum each month.

>>25734333
lmao americans are literal serfs bro.


what's the interest on that bad boy? 16% or some shit lmao.

>>25734333
yes goy, very good

i strongly advise you to draw another 3k and buy some BTC

>>25734821
>>25734738

European. It have 2% interest on my card. That's fucking nothing.

>>25734801
now we arrived at the point where i honestly can't tell if you are trolling or are legit retarded

>>25734831
Your cringing the whole thread you spas.

>>25734872
>2% interest on my card
is that even possible?? how?

>>25734902
Europe man, mother fucking Europe. The savings interest rate here is 0.01% though. They really don't want people to save, rather they want them to spend.

>>25734902
in his dreams maybe

>>25734938
fun fact, im in europe aswell and there is no such thing here as a credit card offer with 2% interest

>>25734487
He is right though, you will be paying a massive amount of interest and if you cannot keep up with the interest snowball then you are fucked, literally fucked and may as well rope.

Pay it off asap.

>>25734821
I got a 15% one. I coulda paid it off but I did 150% in 2 mo with crypto instead. I can't bring myself to pay it down until it's like 2% of my net worth.

>>25734637
You can build up credit without going beyond your means and paying interest; just use it as a debit card and pay it off completely before the due date each month.
I'm not crazy about the whole system either, but if you don't build up credit you're looking at some pretty brutal loans (if you get them at all) if you want to buy property in the future.
Unless you want to go full Amish/Walden, then more power to you.

>>25734333

Hi anon - CC fag here who used to utilise around 4 credit cards (cancelled most due to no traveling/covid)

You should, in all circumstances, aim to pay the final balance off each month. If this isn't achievable - Pay as much as you possibly can and live like a homeless person until it' paid. A credit rating is hard to build, and easy to crumble down back to nothing.

What is your income? What are you expenses?

>t. Amex platinum, gold, multiple airline travel cards anon

>>25734333
Retard, is this a new credit card? You know if you open a new card you get 0 APR for 18 months right? Are you really paying 17% APR on your card?