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Lines of credit can be cut if yu get laid off. put cash in savings now instead of making huge credit card payments.
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Anonymous Coward |
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GOOD advice. Suzie Orman, famous financial guru, now recommends this. Minimum credit card payments and BUILD UP YOUR SAVINGS.
Or, better yet, just tell the CC companies to fuck off...you'll pay them once you receive YOUR bailout.
What are they going to do, kill you for not paying?
Bad advice. Make minimum payments and maintain your credit rating.
'credit rating'? LOL!
Why?
Pay cash, and you don't need credit...god, what the hell do you think people did 50 yrs ago before credit cards???
Quoting: NoMoreCagesYou are out of touch with reality. Build your savings but keep your credit rating.
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