Credit cards

[Anonymous No.56037943]

How are YOU using credit cards to beat the system, Anon?

[Anonymous No.56038288]

I just habitually pay off the balance twice a week.
I use a simple %back card.
NEVER USE A POINTS CARD. IT JUST OBFUSCATES THE BENEFITS.

[Anonymous No.56038391]

>>56037943
>Use Cashback cards at various establisments to get free money
>Pay it back on time and try to leave 1% on the card at reporting time to hike credit score
>Use new, $0 annual fee cards for Welcome Bonus to get more free money
>Treat it like a debit card when using it to never pay interest.

Quite literally it's free money because they want to lure people in to try and trap them in high interest debt, so by just taking the bait but not falling into the trap, you have a perfectly legal extra bit of cash each year.

[Anonymous No.56038596]

>>56037943
>autopay full balance every month
>2% back on everything
>>56038288
>pay off the balance twice a week
Why? Just pay it monthly. Sounds schizo.
>>56038391
>try to leave 1% on the card at reporting time to hike credit score
I hope you're not paying interest money every month to do literally nothing. Just pay the full bill when it comes and you'll get both benefits: usage reported to bureaus and no interest. You don't need to "leave" anything there.

[Anonymous No.56038605]

>>56037943
Mine is link to CryptMI app and I use it to buy anything I want even in the cryptospace space.

[Anonymous No.56038622]

>>56037943
I am a Europoor and our credit cards don't have anything special.
Being able to churn credit cards is one of the things I envy about burgers.

[Anonymous No.56038648]

>>56037943
i maxed 65k on mine and im not paying them. simple as.

[Anonymous No.56038744]

>>56038288
Agreed on cashback>points. Also the issuer will inevitably devalue the points over time.

Paying off 2x/week is retarded though. Nust set autopay for end of cycle and collect interest each month by having that cash in a money market fund

[Anonymous No.56038790]

>>56038648
Lol, you are obese and your breath stinks.

[Anonymous No.56039169]

>>56038790
i'm 160 and my breath smells better than a mint

[Anonymous No.56039226]

I maxxed mine out to buy bitcoin when it was like 50k. Owe 60k on my cards that have since gone to collections. Assume my credit is fucked now for 7 years

[Anonymous No.56039481]

>>56038596
Oh I do pay the bill in full, I never pay interest. But credit reporting agencies check whatever is accrued at the moment of reporting during the CURRENT period, so if you leave it at 0 it just kind of stagnates your credit score, but if it's less than 10% but more than 0%, your credit score goes up.

It's stupid but so is the system. Just play Rules as Written

[Anonymous No.56039489]

Build my credit over 5 years till it was in the 800+ range. Maxxed out all the cards and got all the loans I could get from both banks and the payday loan places. Did all of it within a month before the credit score would drop from all the credit checks. Fucked off to another country with close to a million. I assume the collectors are still looking for me.

[Anonymous No.56039516]

>>56038648
...Why would you do that? That'll go to collections and then many of your assets are at risk of repossession.

[Anonymous No.56039580]

>>56039489
>Maxxed out all the cards and got all the loans I could get from both banks and the payday loan places. Did all of it within a month before the credit score would drop from all the credit checks

THIS
but did it for $110k
Already own a home but i passed it to my mother before taking the money so the jews can't take it from me
now i go to the gym, play videogames and NEET while i wait for whoever bought my debt , renegotiate and pay only 10 or 8% of the total debt and getting my financial life back

JEW'D THE JEW
fuck 'em

[Anonymous No.56039608]

>>56039580
The funny thing, i got a credit increase in 3 cards 1 week before debtmaxxxing and cashing out all the money buying crypto and making cash advances in atms
Lmao

[Anonymous No.56039688]

>>56039580
>>56039608
So are you guys just... not even remotely worried about being hunted down for this?

[Anonymous No.56039773]

>>56039688
What do you mean by hunted down>?

[Anonymous No.56039954]

>>56039773
Collevtions agencies are no joke. I've worked in insurance before and collections gets aggressive. You miss out on payments, they don't care how desperate, rich or poor you are, they will hunt you down first with bills, then with repo, then with cops.

[Anonymous No.56039973]

>>56038648
Based. There's literally nothing they can do. They will sell your debt to some collections agency and you just ignore their calls 7 years. It's free money

[Anonymous No.56039980]

>>56039954
*Collections
Mispelling aside you get my point

[Anonymous No.56039990]

>>56039973
>a company who's sole purpose is to collect your debt will not collect your debt.

Bro what?

[Anonymous No.56040084]

>>56039516
all my assets are under my mothers names and you can't be sued for unsecured debt
>56039990
someone finally gets it.

[Anonymous No.56040102]

>>56040084
So you're screwing over your mother?

[Anonymous No.56040123]

>>56039990
a collections agency can call and harrass you all they want it is unsecure debt. as long as you don't answer their phone calls and letters there is nothing they can do. "Pretty pls pay us, i know there is nothing in the contract that says you have to put if you dont we are going to keep on calling you and sending you letters"

[Anonymous No.56040139]

>>56040102
How retard? my assets are under my mothers names. as far as the law and the irs is concerned my mother ownes them not me they cant take anything from me because i dont owe anything. they can't take anything from my mother because she doesn't have a debt its me? How im screwing over my mother. Holly fuck this forum is room temp iq

[Anonymous No.56040141]

Use the Fidelity card. 2% on everything. Pay it off the second I can. It's just a proxy for my debit card, mostly. I never have a balance on it that I don't pay off.

[Anonymous No.56040143]

>>56040102
He is not, his mother has nothing to do with his debts, so the collectors cant take anything from her.
>>56039990
They can only use tactics that are allowed by law. So they can call you or maybe even repo your property. But if you own nothing and ignore their calls, what are they gonna do?

[Anonymous No.56040144]

>>56037943
i buy cigarettes with my $25 i get per month on my chase visa rewards

[Anonymous No.56040155]

>>56040139
This precicely. The guy who said hes working in collections is full of bs. That or he is actually terrified of phone calls

[Anonymous No.56040206]

>>56040155
I said I used to work in insurance, not collections, and I also stated that many people were afraid of collections. This assertion that a collections agency an agency whose sole purpose is to collect debt, is unable to collect debt in any meaningful or legally impactful way is just... shocking to me.
You mean to imply that if you rack up enormous debt and just coast on it, that not a single soul can arrest you or charge you with fraud? Not a one?

[Anonymous No.56040228]

>>56038596
2% cash back and 3% CC surcharge

[Anonymous No.56040238]

>>56040206
Sometimes they can repo some of your property to pay off the debt. But it depends on your local laws and what kind of debt you have. If we are talking about large amounts of credit card or credit line debts, there is actually nothing they can do apart from intimidating you into paying.

[Anonymous No.56040261]

>>56040238
I... am just baffled.
Look I can't say I understand the law fully, or that insurance immediately makes me an expert, but...why on earth would so many customers be terrified of Collections if they can't do anything? Why would anyone ever pay off any debt if they can essentially get thousands of dollars for free?

[Anonymous No.56040286]

>>56037943
I'm using them to buy POND lmao, system cope and seethe

[Anonymous No.56040309]

>>56040261
Because it absolutely obliterates your credit score. plus dont forget, the collectors are well trained in intimidation. They will lie to your face saying they will sue you out of your home when they know dam well they cant do shit. Dont forget, I am talking about the US her. I know in the UK it is much worse. But in my case, I am immune to pretty much all of it.

[Anonymous No.56040357]

>>56040309
>Obliterates your credit score

Ah, I see. So this is a one-time trick where you max out each card and then basically never are allowed to do it again, and to top it all off, unless you pull a trick like putting whatever you buy under someone else's name, you can have anything and everything you own taken away besides.

So basically, unless you legitimately and strategically plan how to debtmaxx it's just a bad idea.

[Anonymous No.56040385]

>>56040357
Yup, you got it. Though it is more like once a decade trick, since the score resets after 7 years and you will need to build it back.

[Anonymous No.56040386]

>get credit card for cash back offer
>every transaction with a credit card costs an extra 2% due to cc surcharge

[Anonymous No.56040492]

>>56040386
I don't know about where you live, but buy and large Cash discount is dead around here. The vendors just assume the 2% credit card charge in their price of the item, so ironically, cashback cards become a deal again.

[Anonymous No.56040530]

>>56040492
>>56040386
Where do yall live that you have to pay extra when using cc?

[Anonymous No.56040557]

>>56039954
>they will hunt you down first with bills, then with repo, then with cops.

Well if you debtmaxx you're supposed to be broke and *not having anything at your name* (blink blink) so you don't have to worry about anything he he he..
Plus i faked my address when i applied for the cards, so good luck trying to find me.
I can block their numbers from my phone and nobody goes to jail for unpaid debts in my country and i don't have sons to inherit my debt so they can suck my dick

[Anonymous No.56040589]

>>56040492
>>56040530
Austfailure
Most vendors will have a sign up requesting 1.x% for debit and 2.x% for credit.

[Anonymous No.56040621]

>>56040286
So you're literally making yourself poorer

[Anonymous No.56040624]

>>56040286
uh, based I guess

[Anonymous No.56040629]

>>56040286
Hell of a zoomie move

[Anonymous No.56040637]

>>56040261
>Why would anyone ever pay off any debt if they can essentially get thousands of dollars for free?

Because normies and rento*ds wants to own a home ir a car someday and nobody wants to risk screwing their score for shitty $1k.

If anyone wants to debtmaxx, make it worth.. throw it at btc, etc (crypto) buy a home or invest in something that can give you nice returns or just flee the country if you're not coming back and you're sure of it..

But if you're just gonna spend it all on drugs and hookers, the jews deserve to take it everything from you. You're supposed to use the opportunity at debtmaxxing to screw them for good, not the opposite

[Anonymous No.56040639]

>>56040530
US, though again, I haven't seen "cash discount" in a long time, so either the cc charge was dropped or just absorbed into the new prices of almost every place ever.

[Anonymous No.56040653]

>>56040286
The age of crypto is over. I made a profit when DOGE spiked and then dipped with my earnings, been slowly growing my assets with stocks ever since.

[Anonymous No.56040660]

>>56037943
Cut mine in half and never got another. Ain't fucking with The Devil's IOU..

[Anonymous No.56040672]

>>56037943
I just completely stopped paying taxes on a 6-figure W-2 job about 5 years ago, then legally changed my last name when I got married, and nothing happened. No letters, no phone calls, literally nothing. I can't even prove the 2 things are related.

I know you only asked about credit cards but yeah.

[Anonymous No.56040687]

>>56037943
>buy everything with credit card
>pay it off
>free gas money
>free lounges at airports
>free travel credits
Simpul as. I don't know how this is so hard to figure out?

[Anonymous No.56040710]

>>56040672
You are going to get anally gaped by the IRS eventually. They do not fuck around.

[Anonymous No.56040779]

>>56037943

Got a 0% APR card for a year. Racking up necessary expendiatures on it, only paying the minimum per month ($35/mo). I have 100K liquid to pay it off if need be.

[Anonymous No.56040790]

>>56040779
You better not he paying any interest Anon.

[Anonymous No.56040792]

>>56040687
I've only ever come out on top when it comes to net winning against the card companies. The only reason why we are allowed to do this, or tolerated, is because so many people are losing against the card companies. They don't treat it like a game, but they should.

[Anonymous No.56040823]

>>56040790
It is one of the few cards that is saving debt-addicted businesses right now. Or individuals, with "businesses" such as myself who use it to buy crypto.

[Anonymous No.56040943]

>>56040672
just a reminder its not illegal to not pay your taxes, but it is illegal to evade them. in your case changing your name is all the proof they need if they catch you, good luck anon.