New furniture time...

[boof]

ouch is saying pay the entire balance right away to build credit

geno is saying make your full monthly payments to build credit

diode saying keeping a balance means you pay interest, which is true, but obviously anyone that uses their credit card for something is going to take time to pay it off, which obviously means paying some interest.

geno was not saying to extend your payments as long as possible, only to pay your payments to build credit as opposed to paying it all off right away which wouldn't build credit

[Ghost1]

And ghost1 is saying whoever live close to ouch should rob him tho

[Ouch]

Originally Posted by Ghost1

And ghost1 is saying whoever live close to ouch should rob him tho

sounds good i'll give my address, make sure when you come to rob me you bring a lot of money with you

[Diode]

Originally Posted by boof

ouch is saying pay the entire balance right away to build credit

geno is saying make your full monthly payments to build credit

diode saying keeping a balance means you pay interest, which is true, but obviously anyone that uses their credit card for something is going to take time to pay it off, which obviously means paying some interest.

geno was not saying to extend your payments as long as possible, only to pay your payments to build credit as opposed to paying it all off right away which wouldn't build credit

no. i and everyone else with a stable income using credit cards for their rewards and bonuses and pay them off in full every month. which raises your credit score considerably more than keeping a balance. the point of good credit is to show you can pay off your debts.

paying it off all right away is exactly the best way to build credit.

[boof]

Originally Posted by Diode

no. i and everyone else with a stable income using credit cards for their rewards and bonuses and pay them off in full every month. which raises your credit score considerably more than keeping a balance. the point of good credit is to show you can pay off your debts.

paying it off all right away is exactly the best way to build credit.

if i have a credit card and i use it to buy $300 worth of shit and i pay that $300 in full the next day that's going to raise my credit more than paying the monthly balance?

[Diode]

Originally Posted by boof

if i have a credit card and i use it to buy $300 worth of shit and i pay that $300 in full the next day that's going to raise my credit more than paying the monthly balance?

not the next day, but when the balance is due. that's literally the concept of credit.

"i will float you this money for x period of time but you have to pay it back by then or i start charging interest. and if you don't pay it back then i will tell everyone you can't be trusted as a credit/loan candidate"

[boof]

Originally Posted by Diode

not the next day, but when the balance is due. that's literally the concept of credit.

"i will float you this money for x period of time but you have to pay it back by then or i start charging interest. and if you don't pay it back then i will tell everyone you can't be trusted as a credit/loan candidate"

but i literally explained that ouch was talking about paying it off the next day

and geno was talking about paying it when the balance is due

[Diode]

Originally Posted by boof

but i literally explained that ouch was talking about paying it off the next day

and geno was talking about paying it when the balance is due

no, geno is talking about keeping a continuous unpaid balance. not paying it off in full every month.