/biz/ - Business & Finance

[Anonymous No.10442725]

>pay off my credit card balance of $4000
>charge nothing else to the card
>get next bill and i've been charged interest on that $4000
>pay off that interest charge
>charge nothing else to the card
>get next bill and i've been charged interest on that interest
>pay off that interest on interest charge
>charge nothing else to the card
>get next bill and i've been charged interest on that interest of that interest
>pay off that interest on interest on interest charge
>charge nothing else to the card
>get next bill and i've been charged interest on that interest of that interest of that interest
>...
>eternally cucked

[Anonymous No.10442740]

>>10442725
If you can only pay interest get a debt consolidation loan.

[Anonymous No.10442783]

>>10442725
>charge nothing else to the card
Sure you didn't, goy. I'm freezing your account. Of course you'll still accumulate interest. Pay me six months of it or I'll take you to court.

[Anonymous No.10442817]

>>10442725
sounds like you've got a bad case of the girlfriendorwifeitus. i suggest you hoof her in the pussy and run away with everything you can carry. drop as much coin as you can into https://www.theaccountingblockchain.io/?aId=7543845-2892534 rn so once you get tired of turning tricks as a tranny named tootsie hole you'll have 1000x'd and finally be free to use your fuckyou money.

[Anonymous No.10443500]

>>10442725
So? Pay off your balance waaaaay before you get the bill, or pay a sum right now that is larger than the interest on the first month.

[Anonymous No.10443510]

>>10442725
Obligatory:

https://www.youtube.com/watch?v=oD2gXY4piF4

[Anonymous No.10443549]

>>10442725
#1 it doesn't work that way
#2 stay in school kids. calc2 will teach you convergent series

[Anonymous No.10443854]

>>10442725
It's probably the fees for having the card you moron.

[Anonymous No.10443904]

>>10442817
Imagine being this much of a pqthetic incel

Why havent you killed yourself yet

[Anonymous No.10443986]

I've got 1300 outstanding on 2 cards right now fuck me.. I dont think that's too awful though

[Anonymous No.10444293]

>>10443549
/thread

[Anonymous No.10444330]

>>10442725
Is there any way to just not pay back a credit card?

[Anonymous No.10444361]

>>10442725
I thought you just said you paid off the whole card?
Therefore your balance should be $0
Therefore no interest

[Anonymous No.10444590]

>>10442725
You are using your credit cards incorrectly. They are really an amazing tool for you to fuck over retailers with. Many retailers are paying a swipe fee of 3% - some credit cards will give you back a portion of that.

I pay ZERO interest on my credit cards because I don't treat them as a loan. Never, ever carry a month over month balance on your cards. I'm on pace for $70,000+ in cashback this year and I have not paid one cent in interest.

[Anonymous No.10444611]

>>10444590
Explain yourself immediately how this works. Because I don't believe.

[Anonymous No.10445109]

>>10444611
this
Come on cunt spill the beans.

[Anonymous No.10445123]

I have 3k in debt on credit cards and get paid in a week with 1k. I was thinking of buying BTC with the 1k. Should i buy the btc or put it towards my credit card debt?

[Anonymous No.10445217]

>>10445109
He said it as plainly as possible. Treat a credit card as a secure way to pay, nothing more. Pay off the balance each month, never carry a balance, and reap the free money in cash back rewards. It's a method of paying that isolates your bank account from all the points of purchase you interact with.

[Anonymous No.10445230]

>>10445123
buy BTC

[Anonymous No.10445237]

Never think of it as a loan, just a method of purchase

[Anonymous No.10445285]

>>10442725
Not giving you a bump faggot. No one that lurks here is that retarded