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/biz/ - Business & Finance

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53203340 No.53203340 [Reply] [Original]

Are credit cards a good financial tool?

>> No.53203350

>>53203340
Yes, if you don't carry a balance

>> No.53203352

what do you mean with financial tool op

>> No.53203355

>>53203340
Yeah if you're on disability bucks

>> No.53203374

don't be a pussy and max as many credit cards as you can (provided you can pay them later)
if you can, its the best way to make money without having the money in the first place

>> No.53203379

>>53203355
I debt maxed on disability twice. I doubt the glowies will let me get away with it again. Good times.

>> No.53203384
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53203384

>>53203352
i mainly asked because i remembered that i have a sora card (crypto credit card ) and i don't know if i should use it or not

>> No.53203392

>>53203350
isn't the point of a credit card to be eventually used on par with you balance?

>> No.53203397

>>53203384
idk, never used crypto cards but if its similar to a regular one then yeah, you should
what are you going to use it on anyway

>> No.53203458

For jews, yeah

>> No.53203495

Howard did nothing wrong.

>> No.53203687
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53203687

>>53203495
>a fucking jewtard got screwed after messing with the fucking better call saul
oh poor him, let me play something in the tiniest violin in the earth

>> No.53203749

>>53203384
use it, it's not like you could do any better with it anyway

>> No.53203784

>>53203384
Well considering that xor is reliable i would say yes

>> No.53204025
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53204025

>>53203340
Nope, next question

>> No.53204065
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53204065

>>53203340
I think of it as insurance if I ever get super high medical bills or need to ditch the country and leave behind a massive bill. My goal is $500k in total credit limit before 2030.

>> No.53205245

>>53204065
based as fuck

>> No.53205281

>>53203340
Yeah, they provide you a degree of flexibility. A line of credit is the real deal though. I use a 20k line of credit. interest rates are 1/4 of that of credit cards, and are calculated annually/12. super super convenient. Love my brokerages margin account too. Leverage is an incredible tool, if your not an imbecile. Not for normies though, these tools become shackles at best-- calamities at worst

>> No.53205365

>>53204065
What the fuck? I can't even get more than 3,300 and I have a 700 score

Please teach me your ways oh God of Credit

>> No.53206059

>>53203687
>hamlin
>jew
and here you are siding with better caul saul ((goodman))

>> No.53206166

>>53203340
Treat it like a debit card, pay it off every month, get free shit for using it. No reason not to use one if you have an ounce of discipline. And if you ever need to borrow then take out an actual personal loan, if you aren't eligible for those then you were never gonna make it anyway

>> No.53206858

>>53205365
Keep applying for new credit cards and take advantage of the new member spend bonus. I've raped the system for almost $10k in free money over the past few years and it hasn't affected my credit score negatively.

>> No.53206883

>>53206059
He only larps as a jew he even says so in bb