[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 40 KB, 800x450, 49008E56-DFD3-4DCE-86B7-2A75D60B6B0F.jpg [View same] [iqdb] [saucenao] [google]
29282375 No.29282375 [Reply] [Original]

Is paying off credit card debt worth it or is it better to get default and get it absolved? If you do pay it, is it better to do it all at once or incrementally (assuming the interest rate is low)?

>> No.29282546

>>29282375
you are going to jail man

>> No.29282626

Lmao, why the fuck are Americans so retarded they borrow money to buy everyday shit?

>> No.29282661

>>29282375
https://www.youtube.com/watch?v=tk5VmlSts1A

>> No.29282676

>>29282375
Is there even any low interest credit cards lol?

>> No.29282697

>>29282676
There is when your credit score is like over 800

>> No.29282716

>>29282626
this was me at one point & I'm not even American :(

>> No.29282722

>>29282626
Exactly this! You don’t have this shit in Europe, only if they have iq<50 and need the big TV

>> No.29282760

>>29282661
Learn from Sam Hyde, do you wanna earn everything you have and die without debt? Wouldn’t you rather get a lump sum to try to 10x and then hit them with “AHHH DUDE I WAS IN A CAR ACCIDENT BRO, DEY GOT ME ON THESE PILLS BRO I CAN ONLY PAY 11 DOLLARS A MONTH” it’s basically renting a ticket out of poverty

>> No.29283003
File: 49 KB, 498x573, 1613320140012.jpg [View same] [iqdb] [saucenao] [google]
29283003

>>29282375
Just pay off the balance every month of a hig rewards card that you use for everyday things. Get a second card(24months) after the fits one with 0%APR for as long as you can.

Take a vacation or make a purchase on your new 0% card(not TSLa puts you retarded. One that card get close to gaining interest find a 0% balance transfer card and you have another year with no in interest to pay it off.... this is super good with Chase(Saph preferred is $100 year free but worth it as the other two roll up winto travel points.

If you find the eight deals you can transfer Chase and get rooms especially cheap...
I've had less luck with airlines but I also don't have a parser feeding me flight rate Sara like /smg/

BIT PLEASE MAKE SURE YOU CAN PAY THE BALANCE EVERY CYCLE + THE MONEY YOU USED FOR YOUR VACATION.... don't be that much of a normie

>> No.29283122
File: 71 KB, 375x480, unnamed.jpg [View same] [iqdb] [saucenao] [google]
29283122

>>29283003
I'm sorry friends I am drunk and cannot type on phone thong

>> No.29283816

>>29282722
Exactly i dont understand half of the shit burgs talk about in terms of debt, its laughable

>> No.29284764
File: 184 KB, 483x470, 1603323320609.png [View same] [iqdb] [saucenao] [google]
29284764

>>29282375
>>29283003
>dont even realize what i said im retarded... ill try to stay sober enough to explain.. jannies can delete but this isn't churning

OP...heres what do.

1. Have Chase Saphire Preferred or Reserve(if you no credit or low credit this may be hard.) Has yearly fee but gives access to the Chas Ultimate Rewards points and is worth it IMO.
2. Chase Freedom for rotation 3-5% different bonus every quarter.
3. Chase freedom for 3% on everything... but it looks like theyre canging the bonuses so DYOR here.

The real bonus here is that if you have to have Saphire or Resrrve you can convert all you other chase(free cards) points to Ultimate rewrds..... THEN you transfer those points to a Chase partner like HYATT... which gives you more money per point on the partner site..

Now leave your purchase in your cart just sitting for a few weeks.... sometimes they'll send you an offer you an additional discount... duck yeah we're already a only paying $15 a night at a nice hotel...if not. the final step....

If yore at this point you might as well pay the extra $55 bucks you fuckhead you still saved money.... but if you must, you call the front desk and try to and get that +1 charisna.... but don't call at 5 or6am when morning shift is coming in and not at 9am-2pm cause those Fulkerson actually have jons like eaning up after you furry origies and shit.