cancel
Showing results for 
Search instead for 
Did you mean: 

paying down cc's

Regular Contributor

paying down cc's

i was reading on AOL this am that americans have paid their cc's to the tune of 2.7 BILLION dollars in feb. maybe the ones with cld's will be restored!!
Message 1 of 11
10 REPLIES
Frequent Contributor

Re: paying down cc's

"Wishful" thinking.....

 

Only after the Taxpayer bails out the Credit Card Issuers.

 

I suspect the pay back of 2.7 Billion cost them a fortune in interest and fees.

 

To make that up they will continue to raise the APR's hoping they can make some profit. 

Message 2 of 11
Regular Contributor

Re: paying down cc's

you are so right cleanmachine!!!!!!!!!!
Message 3 of 11
Regular Contributor

Re: paying down cc's

Wishful thinking.  I'm still waiting on AMEX to restore my CL.  Like an idiot I continue to use them and PIF after they cut my CL in half.  Once I get my cashback, I will be using my Chase Freedom exclusively. 

Message 4 of 11
Regular Contributor

Re: paying down cc's

you are right too-Romoeo!!
Message 5 of 11
Established Contributor

Re: paying down cc's

Too bad they did not wait until March. Suze Orman said not to pay off the CC's anymore, but to save now instead. A total 180 degree turn from what she told Oprah in January. My how two months can change a financial "guru".

 

Pretty soon that Dave Ramsey dude will start telling people to apply for CC's. LMAO!!!

 

 

Message Edited by Pappy214 on 04-09-2009 10:36 AM
____________________________________________________

"Evacuate, in our moment of triumph? I think you overestimate their chances."
Message 6 of 11
Regular Contributor

Re: paying down cc's

i do not know what it is Pappy, but i do not like suze orman!!! she is making money off of other peoples problems!!
Message 7 of 11
Established Contributor

Re: paying down cc's


keithc wrote:
i do not know what it is Pappy, but i do not like suze orman!!! she is making money off of other peoples problems!!

 

I fully agree. In fact most of them are making money off of other peoples problems. Honestly most of those people are not members of this site. I have learned more in the past year of being a member here than watching any financial "expert" yap about crap on TV.  

 

I feel like writing a book. Chapter One "Join MyFICO and Educate Yourself" and then leave it at that.  

____________________________________________________

"Evacuate, in our moment of triumph? I think you overestimate their chances."
Message 8 of 11
Regular Contributor

Re: paying down cc's

you are so darn right- pappy!!! i have learned more on myfico than any book or person out there!! the only problem- i have become addicted!! the only way to cure my addiction-to get in the 700 club!!
Message 9 of 11
Regular Contributor

Re: paying down cc's

Amen to that!
Message 10 of 11