How much of your life is on credit? - GoFuckYourself.com

Sarah_Jayne · 05-20-2008, 02:39 AM

I hate being in debt with a passion and I even get uncomfortable using a credit card and even though I do have one I pretty much always use a debit card instead. Of course, paying for a wedding throws that plan out of the window and I am hating having a credit card bill.

How much of your life is on credit rather than out rightly owned?

SexualDragon · 05-20-2008, 03:04 AM

Credit is evil.

Iron Fist · 05-20-2008, 03:09 AM

Most is not on credit now... 4 years ago was a different story. Car almost completely paid off in full.

AsianDivaGirlsWebDude · 05-20-2008, 03:09 AM

Learned early on the hard way all about credit card debt.

Now I only have American Express and Costco, and I pay them off every month.

Credit cards are a chumps game, and only results in big debt - the law of diminishing returns...

ADG

halfpint · 05-20-2008, 03:17 AM

Nothing we own is on credit anymore...we learned the hard way and it taught us a very valuable lesson..dont buy things on credit you cant afford to pay back

kane · 05-20-2008, 03:20 AM

About 5 years ago I had a lot of debt. Car, house, a couple of credit cards and some loans. I decided to focus every extra cent on paying it off. It took me a few years and some serious saving and budgeting, but it is all paid off now. I have one credit card that I keep in case of emergency, but it is through my bank and doesn't have an annual fee or anything. I think I have used it once in the two years I have had it just to make sure it worked.

Darkhorse · 05-20-2008, 03:21 AM

Nothing I don't have any CC's to get on debt other then pre-paid ones....

Jens Van Assterdam · 05-20-2008, 03:25 AM

nothing in the debts here..

Sarah_Jayne · 05-20-2008, 03:26 AM

Quote:

Originally Posted by AsianDivaGirlsWebDude

Learned early on the hard way all about credit card debt.

Now I only have American Express and Costco, and I pay them off every month.

Credit cards are a chumps game, and only results in big debt - the law of diminishing returns...

ADG

Yup, I am the same way. It took one credit card in college to show me I should be a debit person. I really hate using the credit cards...seriously hate it. Have to with the wedding but we will bust our ass to get it all paid off within two billing cycles because I would probably have a mental break down having debt. It really is strange but even if I only have five dollars worth of debt I will stress about it.

Sarah_Jayne · 05-20-2008, 03:27 AM

Quote:

Originally Posted by halfpint

Nothing we own is on credit anymore...we learned the hard way and it taught us a very valuable lesson..dont buy things on credit you cant afford to pay back

If the majority of the UK suddenly went that way this would be a very different place. When I see the tv shows where people talk about having 20k or more debt I am amazed.

The Duck · 05-20-2008, 03:28 AM

I have no debt at all.

After Shock Media · 05-20-2008, 03:36 AM

Does a vehicle loan count?
If so yes I owe some money to a credit company. Hey at least the mortgage is paid off.

kane · 05-20-2008, 03:42 AM

Quote:

Originally Posted by Sarah_MaxCash

If the majority of the UK suddenly went that way this would be a very different place. When I see the tv shows where people talk about having 20k or more debt I am amazed.

I read the other day that the average American family owes 55K on their house, 28K on their cars and has 8K in credit card debt and an average of 8-10k in other debt.

That means the average American family is around 105K in debt. That is pretty scary. I have a friend that is 300K in debt on a house. He owns two cars and is around 50K in debt on them both. He has 20K in credit card debt and around 25K in loans and other debt. He has a nice house, two nice cars, some nice furniture and a sweet TV and surround sound, but he is now spending almost every cent he brings in to pay it back. If something happened and he missed a few weeks of work without pay he would be in deep trouble.

JimmiDean · 05-20-2008, 03:49 AM

I use a line of credit.
So long as you are responsible nothing to worry about.
You also have to look at your debt to net worth ratio.
example a guy who owes 85k on a 350 k house is a lot wealthier then the debt free guy renting an apartment.

halfpint · 05-20-2008, 03:55 AM

Quote:

Originally Posted by Sarah_MaxCash

If the majority of the UK suddenly went that way this would be a very different place. When I see the tv shows where people talk about having 20k or more debt I am amazed.

Yep you are correct. We were in a lot of debt and we lost our house in the end, but we now rent and dont have anything on credit and although we still struggle at times, we dont have debt anymore which is a massive weight of our shoulders

Zuzana Designs · 05-20-2008, 03:58 AM

If I don't have the cash to pay for it, no need to have it ...

IntenseJerry · 05-20-2008, 04:01 AM

Quote:

Originally Posted by JimmiDean

I use a line of credit.
So long as you are responsible nothing to worry about.
You also have to look at your debt to net worth ratio.
example a guy who owes 85k on a 350 k house is a lot wealthier then the debt free guy renting an apartment.

True, I have a personal and business credit line that I payoff and manage each month.

Sarah_Jayne · 05-20-2008, 04:10 AM

Quote:

Originally Posted by kane

I read the other day that the average American family owes 55K on their house, 28K on their cars and has 8K in credit card debt and an average of 8-10k in other debt.

That means the average American family is around 105K in debt. That is pretty scary. I have a friend that is 300K in debt on a house. He owns two cars and is around 50K in debt on them both. He has 20K in credit card debt and around 25K in loans and other debt. He has a nice house, two nice cars, some nice furniture and a sweet TV and surround sound, but he is now spending almost every cent he brings in to pay it back. If something happened and he missed a few weeks of work without pay he would be in deep trouble.

Or he suddenly has medicals bills to add on top.

Sarah_Jayne · 05-20-2008, 04:27 AM

Quote:

Originally Posted by halfpint

Yep you are correct. We were in a lot of debt and we lost our house in the end, but we now rent and dont have anything on credit and although we still struggle at times, we dont have debt anymore which is a massive weight of our shoulders

We rent too and it doesn't bother me. For one thing we have a seriously good rent for London and as bad as it feels to say it my partner is the only child of parents that properly own their home. So, I don't feel like renting is wasting my money like so many people tell me. Look at the reports in the British news over the past few days that say that the middle class is having a hard time at the moment. I bet most of that is stretching to get finance on homes they can't afford in reality. It is like fantasy credit that allows you to 'own' things that are out of your means is the way that most of the middle class keep up with the other middle class Joneses. I just would rather live in a crapier house and not worry about the debt.

u-Bob · 05-20-2008, 04:28 AM

0 %.

halfpint · 05-20-2008, 04:45 AM

Quote:

Originally Posted by Sarah_MaxCash

We rent too and it doesn't bother me. For one thing we have a seriously good rent for London and as bad as it feels to say it my partner is the only child of parents that properly own their home. So, I don't feel like renting is wasting my money like so many people tell me. Look at the reports in the British news over the past few days that say that the middle class is having a hard time at the moment. I bet most of that is stretching to get finance on homes they can't afford in reality. It is like fantasy credit that allows you to 'own' things that are out of your means is the way that most of the middle class keep up with the other middle class Joneses. I just would rather live in a crapier house and not worry about the debt.

After owning our house for around 8 years it did cut me up and I was very pissed at all the work and money we put into the house. It was like our baby and we did fight hard to keep it, but I guess the best thing that did come out of it was having all the debt we had accumilated go away. And I think by going through something like this teaches you to respect money a lot more. Even my car I have is paid for, and I did not use credit to pay for it. It might not be a flash car but I owe nothing on it which is so much better. Our rent down here in Portmouth is not to bad either. Hopefully some of the younger people on here will read this thread and not go down the same route as we did because it sucks and really puts a strain on the whole family..so dont buy it unless you can afford it.

DWB · 05-20-2008, 04:56 AM

Now I have zero debt. I buy everything in cash now and live by the rule... If I can't buy it in cash, I don't need it. Been working out just fine.

LauraLee · 05-20-2008, 05:19 AM

My debt is my mortgage. I have more in equity than I owe in paper, which makes for a good situation. I do use a credit card for almost everything, however this credit card is paid off every single month. I prefer it over my debit, because the tracking and accounting is easier.

I would say I am more the exception to the rule, as most I know seem to have credit card dept along with car loans and mortgages.

biskoppen · 05-20-2008, 05:20 AM

Wedding on credit is fucked up... have the party you can afford

polish_aristocrat · 05-20-2008, 05:21 AM

Quote:

Originally Posted by biskoppen

Wedding on credit is fucked up... have the party you can afford

not everyone gets as many sales as you....

polish_aristocrat · 05-20-2008, 05:22 AM

ah personally, no debt atm btw

and dont use credit cards either

Emil · 05-20-2008, 05:28 AM

Nothing here either.

Sarah_Jayne · 05-20-2008, 05:37 AM

Quote:

Originally Posted by biskoppen

Wedding on credit is fucked up... have the party you can afford

It isn't about the amounts overall but my debit card has a per transition limit and some of the stuff you need to pay for in one go for a wedding goes over that. Especially as my main debit card is American and I am paying in pounds. So, something that costs 500 pounds gets charged at about $1000 dollars. That is why I know it won't be on the card for more than a month or two because it is more about moving the money we already have around than having something we don't have the money to afford.

candyflip · 05-20-2008, 05:56 AM

I've managed to get mine down to almost nothing. All we're carrying these days are loans on two vehicles and mortgage on the house.

IntenseJerry · 05-20-2008, 06:00 AM

Quote:

Originally Posted by biskoppen

Wedding on credit is fucked up... have the party you can afford

Have to agree. Why start out in debt... J

Tjeezers · 05-20-2008, 06:02 AM

i don't have credit, and will never use it. I don't spend what i don't have

en21 · 05-20-2008, 06:04 AM

I am crawling my way out of this slowly :-)

The Heron · 05-20-2008, 06:10 AM

People without credit/debt are stupid, people who can't pay off their debts are also stupid. There are lots of stupid people.

Antonio · 05-20-2008, 06:13 AM

0%, credit isn't a bad thing though, as long as you can afford the payments and follow the simple rule of having cash for at least the next 6 months to cover all your debts (in case the shit hits the fan) - then you have nothing to worry about

moneybiz · 05-20-2008, 06:16 AM

lol putting a wedding on a credit I am sorry that is retarded. Save your freaking money.

MichelleB · 05-20-2008, 06:19 AM

None, If I don't have the $ to get it I don't need it.

Sarah_Jayne · 05-20-2008, 06:27 AM

Quote:

Originally Posted by moneybiz

lol putting a wedding on a credit I am sorry that is retarded. Save your freaking money.

Read the thread..it is just for the things where the single transition amount is more than my debit card allows and even that bothers me.

tranza · 05-20-2008, 06:34 AM

0% right now. I'm debt free.

v4 media · 05-20-2008, 06:40 AM

House and a 10 acre plot of rural land I've just grabbed for a stupidly low price.
the only debts I've got.

halfpint · 05-20-2008, 06:50 AM

Just some advice for those who are in debt

First you have to admit that you are in debt which is pretty hard for most people to do as I found out..

If you are having financial problems never ever just leave it..the problem wont go away and your debts will just build up.

Always reply to demands I found that in most cases you can come to some arrangment and they will help you out.

If you have access to a finacial debt advisor..go and see them.

Its nothing to be ashamed off and so many people go through debt problems plus the quicker you get it sorted out the better it is for all so if you are in this situation dont be a moran and let it spirral out of control, go and get it sorted...

Barefootsies · 05-20-2008, 06:59 AM

Hmm...

I'd guess around $10k in credit cards and installment loan.

This doesn't include my student or vehicle loans. With those added in, I'd ballpark $60-65k.

howard · 05-20-2008, 07:38 AM

Im 45 and fine now but life is a roller coaster...

Lesson to everyone..OWN YOUR HOME...I bought a condo when i was 20 years old for 33k (had 30k mortgage at 14.5 % LOL) and always owned where I lived.

I was stupid with cash for many years and got myself in debt but if you have equity in your home you can always borrow against. The key is obviously not to overspend, gamble live like a rap star etc etc...

But CREDIT is more important that cash in reality. And the key is to never fuck your credit. Once you do your FUCKED. Reason is common sense. Almost 99% of world doesnt have cash to pay for there house. YOU NEED CREDIT...You can have no cash but good credit and get a house. You can have cash and no credit and YOUR FUCKED.

jalami · 05-20-2008, 07:44 AM

It's $193.56 at the moment

howard · 05-20-2008, 07:45 AM

Quote:

Originally Posted by howard

Im 45 and fine now but life is a roller coaster...

Lesson to everyone..OWN YOUR HOME...I bought a condo when i was 20 years old for 33k (had 30k mortgage at 14.5 % LOL) and always owned where I lived.

I was stupid with cash for many years and got myself in debt but if you have equity in your home you can always borrow against. The key is obviously not to overspend, gamble live like a rap star etc etc...

But CREDIT is more important that cash in reality. And the key is to never fuck your credit. Once you do your FUCKED. Reason is common sense. Almost 99% of world doesnt have cash to pay for there house. YOU NEED CREDIT...You can have no cash but good credit and get a house. You can have cash and no credit and YOUR FUCKED.

LOL...i bought the condo while working at a fruit store which i did from ages 14 till 23...my point is it just takes CREDIT...i put like 3k down....granted it was 1983---dam im old

Phoenix · 05-20-2008, 07:46 AM

i own both my cars outright
i pay a mortgage...but i also pay faster then i need to.
about 10% of the principle a year more.
i messed up when i was younger, but its under control now

kowalsky · 05-20-2008, 07:47 AM

0 credits. The only credit that I took in my life was when I was 19 and I wanted to buy a music equipment.

rayadp05 · 05-20-2008, 07:52 AM

I paid off my credit debt years ago.

Phoenix · 05-20-2008, 07:53 AM

Quote:

Originally Posted by Phoenix

i own both my cars outright
i pay a mortgage...but i also pay faster then i need to.
about 10% of the principle a year more.
i messed up when i was younger, but its under control now

thats not right...i pay like 5-7% extra a year

soon ill switch and put that on a rental property..and be in even more debt;)

sniperwolf · 05-20-2008, 07:54 AM

Quote:

Originally Posted by Sarah_MaxCash

We rent too and it doesn't bother me. For one thing we have a seriously good rent for London and as bad as it feels to say it my partner is the only child of parents that properly own their home. So, I don't feel like renting is wasting my money like so many people tell me. Look at the reports in the British news over the past few days that say that the middle class is having a hard time at the moment. I bet most of that is stretching to get finance on homes they can't afford in reality. It is like fantasy credit that allows you to 'own' things that are out of your means is the way that most of the middle class keep up with the other middle class Joneses. I just would rather live in a crapier house and not worry about the debt.

It's called peace of mind! Which is good for you.

No credit card and no debt here, which I'm proud of!

Quote:

Originally Posted by Sarah_MaxCash

Read the thread..it is just for the things where the single transition amount is more than my debit card allows and even that bothers me.

Things that sometimes you have no control but I think you can settle that sooner!

Xrated J · 05-20-2008, 07:55 AM

Quote:

Originally Posted by The Heron

People without credit/debt are stupid, people who can't pay off their debts are also stupid. There are lots of stupid people.

05-20-2008, 02:39 AM	#1
Sarah_Jayne Now with more Jayne Industry Role: Join Date: Dec 2002 Location: Los Angeles Posts: 40,077	How much of your life is on credit? I hate being in debt with a passion and I even get uncomfortable using a credit card and even though I do have one I pretty much always use a debit card instead. Of course, paying for a wedding throws that plan out of the window and I am hating having a credit card bill. How much of your life is on credit rather than out rightly owned?

05-20-2008, 03:04 AM	#2
SexualDragon Confirmed User Join Date: Aug 2006 Location: Canada Posts: 3,038	Credit is evil. __________________ Make 2009 a great year with Tiffany Preston 436-127-934

05-20-2008, 03:09 AM	#3
Iron Fist Too lazy to set a custom title Join Date: Dec 2006 Posts: 23,400	Most is not on credit now... 4 years ago was a different story. Car almost completely paid off in full. __________________ i like waffles

05-20-2008, 03:09 AM	#4
AsianDivaGirlsWebDude Purveyor, Fine Asian Porn Industry Role: Join Date: Jul 2004 Location: San Francisco Bay Area Posts: 38,323	Learned early on the hard way all about credit card debt. Now I only have American Express and Costco, and I pay them off every month. Credit cards are a chumps game, and only results in big debt - the law of diminishing returns... ADG __________________ Asian Diva Girls - Exclusive Photos and Videos Asian Diva Girls Affiliate Program (50% ccBill Revshare)

05-20-2008, 03:17 AM	#5
halfpint GFY's Halfpint Industry Role: Join Date: Jun 2007 Location: UK Posts: 15,223	Nothing we own is on credit anymore...we learned the hard way and it taught us a very valuable lesson..dont buy things on credit you cant afford to pay back __________________ Get FREE website listings on Cryptocoinshops.net

05-20-2008, 03:20 AM	#6
kane Too lazy to set a custom title Join Date: Aug 2001 Location: portland, OR Posts: 20,684	About 5 years ago I had a lot of debt. Car, house, a couple of credit cards and some loans. I decided to focus every extra cent on paying it off. It took me a few years and some serious saving and budgeting, but it is all paid off now. I have one credit card that I keep in case of emergency, but it is through my bank and doesn't have an annual fee or anything. I think I have used it once in the two years I have had it just to make sure it worked.

05-20-2008, 03:21 AM	#7
Darkhorse Horsing Around Industry Role: Join Date: Sep 2002 Location: AU Posts: 5,865	Nothing I don't have any CC's to get on debt other then pre-paid ones....

05-20-2008, 03:25 AM	#8
Jens Van Assterdam The Dupre Pimp Join Date: Feb 2008 Location: Koh Samui Posts: 6,677	nothing in the debts here.. __________________ Read TOS for signature rules

05-20-2008, 03:28 AM	#11
The Duck Adult Content Provider Industry Role: Join Date: May 2005 Location: Europe Posts: 18,243	I have no debt at all. __________________ Skype Horusmaia ICQ 41555245 Email [email protected]

05-20-2008, 03:36 AM	#12
After Shock Media It's coming look busy Join Date: Mar 2001 Location: "Ph'nglui mglw'nafh Cthulhu R'lyeh wgah'nagl fhtagn". Posts: 35,299	Does a vehicle loan count? If so yes I owe some money to a credit company. Hey at least the mortgage is paid off. __________________ [email protected] ICQ:135982156 AIM: Aftershockmed1a MSN: [email protected]

05-20-2008, 03:49 AM	#14
JimmiDean Confirmed User Join Date: Nov 2004 Location: Margarittaville Posts: 3,433	I use a line of credit. So long as you are responsible nothing to worry about. You also have to look at your debt to net worth ratio. example a guy who owes 85k on a 350 k house is a lot wealthier then the debt free guy renting an apartment. __________________ My God there's Porn on here! Still on the Beach !!!

05-20-2008, 03:58 AM	#16
Zuzana Designs All Your Design Needs Industry Role: Join Date: Feb 2005 Location: [email protected] Posts: 20,862	If I don't have the cash to pay for it, no need to have it ... __________________ Website Design - Consulting - Development sarah [at] zuzanadesigns.com - See Our Work

05-20-2008, 04:28 AM	#20
u-Bob there's no $$$ in porn Industry Role: Join Date: Jul 2005 Location: icq: 195./568.-230 (btw: not getting offline msgs) Posts: 33,063	0 %.

05-20-2008, 04:56 AM	#22
DWB Registered User Industry Role: Join Date: Jul 2003 Location: Encrypted. Access denied. Posts: 31,779	Now I have zero debt. I buy everything in cash now and live by the rule... If I can't buy it in cash, I don't need it. Been working out just fine.

05-20-2008, 05:19 AM	#23
LauraLee Confirmed User Industry Role: Join Date: Sep 2003 Location: (Still) One Touch Cockie Posts: 3,821	My debt is my mortgage. I have more in equity than I owe in paper, which makes for a good situation. I do use a credit card for almost everything, however this credit card is paid off every single month. I prefer it over my debit, because the tracking and accounting is easier. I would say I am more the exception to the rule, as most I know seem to have credit card dept along with car loans and mortgages. __________________ Priority Payout skype lauralee.bunker LL's Email

05-20-2008, 05:20 AM	#24
biskoppen Confirmed User Join Date: Mar 2003 Location: Very small penis Posts: 5,809	Wedding on credit is fucked up... have the party you can afford

05-20-2008, 05:22 AM	#26
polish_aristocrat Too lazy to set a custom title Join Date: Jul 2002 Posts: 40,377	ah personally, no debt atm btw and dont use credit cards either __________________ I don't use ICQ anymore.

05-20-2008, 05:28 AM	#27
Emil Confirmed User Join Date: Feb 2007 Location: Sweden Posts: 5,650	Nothing here either. __________________ Free 🅑🅘🅣🅒🅞🅘🅝🅢 Every Hour (Yes, really. Free ₿itCoins.) (Signup with ONLY your Email and Password. You can also refer people and get even more.)

05-20-2008, 05:56 AM	#29
candyflip Carpe Visio Industry Role: Join Date: Jul 2002 Location: New York Posts: 43,065	I've managed to get mine down to almost nothing. All we're carrying these days are loans on two vehicles and mortgage on the house. __________________ Spend you some brain. Email Me

05-20-2008, 06:02 AM	#31
Tjeezers Webmaster Industry Role: Join Date: Mar 2007 Location: BP4L - NL/RO Posts: 16,590	i don't have credit, and will never use it. I don't spend what i don't have __________________ Enroll in the SWAG Affiliate Asian Live Cam Program and get 9 free quality linkbacks from my network! Wanna see how old school I am? Look at this! All my Cam Review Sites are here.

05-20-2008, 06:04 AM	#32
en21 Confirmed User Join Date: May 2006 Posts: 2,640	I am crawling my way out of this slowly :-) __________________ Free Asian Sex : http://www.asian4free.com Free Amateur Sex : http://www.lustamateur.com Free Porn : http://www.mysexbookmark.com Free Sex : http://www.goliathlist.com Free Hardcore : http://www.xlust.com Sex For Free : http://www.sexforfee.com

05-20-2008, 06:10 AM	#33
The Heron Confirmed User Industry Role: Join Date: Apr 2001 Location: Michigan Posts: 4,488	People without credit/debt are stupid, people who can't pay off their debts are also stupid. There are lots of stupid people.

05-20-2008, 06:13 AM	#34
Antonio Too lazy to set a custom title Join Date: Oct 2001 Location: Spartaaaaaaaaa Posts: 14,136	0%, credit isn't a bad thing though, as long as you can afford the payments and follow the simple rule of having cash for at least the next 6 months to cover all your debts (in case the shit hits the fan) - then you have nothing to worry about

05-20-2008, 06:16 AM	#35
moneybiz So Fucking Banned Join Date: Sep 2004 Posts: 1,391	lol putting a wedding on a credit I am sorry that is retarded. Save your freaking money.

05-20-2008, 06:19 AM	#36
MichelleB Confirmed User Join Date: Aug 2007 Location: mich Posts: 1,146	None, If I don't have the $ to get it I don't need it.

05-20-2008, 06:34 AM	#38
tranza ICQ: 197-556-237 Join Date: Jun 2003 Location: BRASIL !!! Posts: 57,559	0% right now. I'm debt free. __________________ I'm just a newbie.

05-20-2008, 06:40 AM	#39
v4 media Confirmed User Industry Role: Join Date: Feb 2005 Location: Spain Posts: 2,934	House and a 10 acre plot of rural land I've just grabbed for a stupidly low price. the only debts I've got.

05-20-2008, 06:50 AM	#40
halfpint GFY's Halfpint Industry Role: Join Date: Jun 2007 Location: UK Posts: 15,223	Just some advice for those who are in debt First you have to admit that you are in debt which is pretty hard for most people to do as I found out.. If you are having financial problems never ever just leave it..the problem wont go away and your debts will just build up. Always reply to demands I found that in most cases you can come to some arrangment and they will help you out. If you have access to a finacial debt advisor..go and see them. Its nothing to be ashamed off and so many people go through debt problems plus the quicker you get it sorted out the better it is for all so if you are in this situation dont be a moran and let it spirral out of control, go and get it sorted... __________________ Get FREE website listings on Cryptocoinshops.net Last edited by halfpint; 05-20-2008 at 06:53 AM..

05-20-2008, 06:59 AM	#41
Barefootsies Choice is an Illusion Industry Role: Join Date: Feb 2005 Location: Land of Obama Posts: 42,635	Hmm... I'd guess around $10k in credit cards and installment loan. This doesn't include my student or vehicle loans. With those added in, I'd ballpark $60-65k. __________________ Should You Email Your Members? Link1 \| Link2 \| Link3 Enough Said. "Would you rather live like a king for a year or like a prince forever?"

05-20-2008, 07:38 AM	#42
howard Confirmed User Join Date: Feb 2002 Location: phila Posts: 1,827	Im 45 and fine now but life is a roller coaster... Lesson to everyone..OWN YOUR HOME...I bought a condo when i was 20 years old for 33k (had 30k mortgage at 14.5 % LOL) and always owned where I lived. I was stupid with cash for many years and got myself in debt but if you have equity in your home you can always borrow against. The key is obviously not to overspend, gamble live like a rap star etc etc... But CREDIT is more important that cash in reality. And the key is to never fuck your credit. Once you do your FUCKED. Reason is common sense. Almost 99% of world doesnt have cash to pay for there house. YOU NEED CREDIT...You can have no cash but good credit and get a house. You can have cash and no credit and YOUR FUCKED. __________________ perkissmedia.com [email protected] 318621803 perkymon993 Skype

05-20-2008, 07:44 AM	#43
jalami Confirmed User Industry Role: Join Date: May 2004 Location: Costa Rica Posts: 845	It's $193.56 at the moment __________________ IntegralPay LLC \| www.integralpay.com Payment solutions outside the box! Ask about credit card, electronic checks, and alternative payments processing

05-20-2008, 07:46 AM	#45
Phoenix BACON BACON BACON Industry Role: Join Date: Nov 2002 Location: Poems everybody, the laddie fancies himself a poet Posts: 35,469	i own both my cars outright i pay a mortgage...but i also pay faster then i need to. about 10% of the principle a year more. i messed up when i was younger, but its under control now __________________ Skype Phoenixskype1 Telegram PhoenixBrad https://quantads.io

05-20-2008, 07:47 AM	#46
kowalsky Confirmed User Join Date: Oct 2003 Posts: 2,494	0 credits. The only credit that I took in my life was when I was 19 and I wanted to buy a music equipment. __________________ Jimmy Kowalsky www.catchycash.com [email protected] ICQ - 7319094

05-20-2008, 07:52 AM	#47
rayadp05 TRUEAMATEURMODELS.COM Industry Role: Join Date: Nov 2005 Location: TrueAmateurModels.com Posts: 4,187	I paid off my credit debt years ago. __________________ TrueAmateurModels.com Twitter TrueAmateurModels.com Affiliate Program