Use Credit Card to Re-establish Credit Instead of Bankruptcy
Guest: alphablack
Post subject: Use Credit Card to Re-establish Credit Instead of Bankruptcy
Posted: Mon Aug 21, 2006 2:54 pm
Ah, see Polonius and Chris92056, your harsh judgment was a bit too quick. How very American of you
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: Polonius
SENIOR MEMBER (Member for 2 yrs.+)
Posted: Mon Aug 21, 2006 9:04 pm
I post my opinions based on what I read. If I don't have the complete picture, I can be wrong and I'm sorry about that. But I don't feel any guilt for being wrong. Like all of us, I do the best I can with the information at hand.
Quote:
I could have paid my car insurance using my checking account
That wasn't in your original post. I still think it doesn't make much sense to use a credit card with such a high interest rate, especially if you have an alternative. You say you own your house outright. Why not just get a HELOC and pay off all your debts? Why pay 20%+ interest when you don't have to?
_________________
Polonius
"Neither a borrower, nor a lender be; For loan oft loses both itself and friend"
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: chris92056
Posted: Mon Aug 21, 2006 10:13 pm
alphablack wrote:
Ah, see Polonius and Chris92056, your harsh judgment was a bit too quick. How very American of you
This is the time I have to remind my self that I proudly served 23-years in the U.S. Navy, earned two purple hearts and have no leg to stand on -- because it was "left" in Gulf War Sr. -- so people like alphablack can spout off in a nation of freedom. I do not know you, and do not wish ill will on you alphablack, however it is you that jumped. I cannot speak for Polonius, however the post remains right on target. I understand what the original poster was trying to do -- juggle finances around to build credit up -- however, in my case, I struggle every month to not to live beyond my means. The poster came here looking for advice and sometimes reality hurts.
I also believe the original poster has done good by not going the bankruptcy route and believe he has worked hard at reestablishing himself.
With that written, peace .... no more fighting, harsh judgements or a war of words.
Respecfully,
chris92056
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: alphablack
Posted: Tue Aug 22, 2006 3:57 am
We all make sacrifices and have made sacrifices. My point is neither you nor Polonius had the full picture; you just jumped on the guy and pretty much branded him as a loser. It wasn't fair of either of you. Now if you feel guilty about that good, it shows you have compassion. Compassion however is not a replacement for empathy. Try ascertaining the facts next time. Don't throw your missing leg into the mix - it gives you one less leg to stand on when you treat someone else poorly.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Post subject: Use Credit Card to Re-establish Credit Instead of Bankruptcy
Posted: Mon Aug 21, 2006 2:54 pm
Ah, see Polonius and Chris92056, your harsh judgment was a bit too quick. How very American of you
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: Polonius
SENIOR MEMBER (Member for 2 yrs.+)
Posted: Mon Aug 21, 2006 9:04 pm
I post my opinions based on what I read. If I don't have the complete picture, I can be wrong and I'm sorry about that. But I don't feel any guilt for being wrong. Like all of us, I do the best I can with the information at hand.
Quote:
I could have paid my car insurance using my checking account
That wasn't in your original post. I still think it doesn't make much sense to use a credit card with such a high interest rate, especially if you have an alternative. You say you own your house outright. Why not just get a HELOC and pay off all your debts? Why pay 20%+ interest when you don't have to?
_________________
Polonius
"Neither a borrower, nor a lender be; For loan oft loses both itself and friend"
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: chris92056
Posted: Mon Aug 21, 2006 10:13 pm
alphablack wrote:
Ah, see Polonius and Chris92056, your harsh judgment was a bit too quick. How very American of you
This is the time I have to remind my self that I proudly served 23-years in the U.S. Navy, earned two purple hearts and have no leg to stand on -- because it was "left" in Gulf War Sr. -- so people like alphablack can spout off in a nation of freedom. I do not know you, and do not wish ill will on you alphablack, however it is you that jumped. I cannot speak for Polonius, however the post remains right on target. I understand what the original poster was trying to do -- juggle finances around to build credit up -- however, in my case, I struggle every month to not to live beyond my means. The poster came here looking for advice and sometimes reality hurts.
I also believe the original poster has done good by not going the bankruptcy route and believe he has worked hard at reestablishing himself.
With that written, peace .... no more fighting, harsh judgements or a war of words.
Respecfully,
chris92056
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: alphablack
Posted: Tue Aug 22, 2006 3:57 am
We all make sacrifices and have made sacrifices. My point is neither you nor Polonius had the full picture; you just jumped on the guy and pretty much branded him as a loser. It wasn't fair of either of you. Now if you feel guilty about that good, it shows you have compassion. Compassion however is not a replacement for empathy. Try ascertaining the facts next time. Don't throw your missing leg into the mix - it gives you one less leg to stand on when you treat someone else poorly.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
posted by CardRatings.com at 6:06 PM
0 Comments:
Post a Comment
<< Home