my first credit card

[BizzleLuvin]

CHA-CHING!
its only a $500 limit but its another small step into adulthood. it feels kinda weird, like i almost dont trust myself with something as serious as a credit card.

BizzleLuvin Reviewed by BizzleLuvin on 05-22-2007. my first credit card CHA-CHING! its only a $500 limit but its another small step into adulthood. it feels kinda weird, like i almost dont trust myself with something as serious as a credit card. Rating: 5

[Skink]

use it wisely grasshopper...

[birdgirl73]

Congrats. But Skink's right. They're dangerous things. The only plastic people really ought to use is a debit card. Pay it off so you don't ever carry a balance. Credit card companies ought to be in jail, they're so evil. I know, you've got to build credit somehow. But just do it without paying those interest rates. Interest is for earning, not paying.

[typoerror]

burn it. just burn it....

[BabyFacedAbortion]

Credit cards are HORRIBLE.

Debit is the way to go.

[BizzleLuvin]

i promised myself i would use it for emergencies and for things that i absolutely positively need that i cant find off the internet......like that $200 ROOR little sista icemaster I have had my eyes on....LOL. its tempting

[BabyFacedAbortion]

oooh, I dunno. I think if I had a credit card I'd have a closet full of smoking utensils and another closet full of DEBT lol. It's okay to splurge a little but don't go too far. You're too cool to be fucked over by credit card companies.

[ericwt]

Aaaaaaa another consumer to enslave in dept.

Somewhere a businessman goes to bed with a smile on his face.

I hope you are careful with it.

[birdgirl73]

Yeah, that's the problem with them. They're tempting.

My son has a friend at college who got a credit card. Then another. Then another. Then another. The kid is a compulsive spender anyway, pretty much. He ran up the maximum balances on all of them. The kid is a junior in college and has $38,000 in debt on credit cards (he has some investment income, which is why he managed to get that amount of credit, but not nearly enough to cover that). It's nuts. We're constantly checking to find out if he's come clean with his parents yet, which he apparently has not. It's going to be a sad day when he does.

I learned my lesson long ago with credit. I opened an account and got a card for my younger sister, who'd stiffed a health club fee and couldn't get credit at the moment. The limit on that card for her was $1,000. Which she ran up in about three weeks. Then she promptly quit her job and was without income, and I was stuck with that bill. She eventually paid me back. But it was a hard lesson learned.

These two stories are why I believe in debit cards only.

[LuckyG]

Aw c'mon! Just do what I did and go out and buy a bunch of shit! Just make sure you have enough money in the bank to pay it off right away. :thumbsup:

Edit: Before anyone yells at me, I was kidding. Be responsible with that thing.