How to cure the itch??

[jdxprs1]

True on the pif, but sometimes it's nice to carry a balance and not get killed in interest

[Anonymous]

Carrying a balance suggests you can't afford to pay for whatever you are putting on your card.  Basically, it's not a healthy financial decision.  I simply suggest that everyone that does this get away from it ASAP and adopt a strict PIF philosophy.  Doing so will greatly reduce your risk factor and chances of ending up in trouble.  Just a suggestion, that's all.

[Anonymous]

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@Anonymous wrote:

Carrying a balance suggests you can't afford to pay for whatever you are putting on your card.  Basically, it's not a healthy financial decision.  I simply suggest that everyone that does this get away from it ASAP and adopt a strict PIF philosophy.  Doing so will greatly reduce your risk factor and chances of ending up in trouble.  Just a suggestion, that's all.

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Rule #1 I set for myself when I decided to play this game, never ever pay a dime in interest.

[mkhan1093]

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@Anonymous wrote:

Carrying a balance suggests you can't afford to pay for whatever you are putting on your card.  Basically, it's not a healthy financial decision.  I simply suggest that everyone that does this get away from it ASAP and adopt a strict PIF philosophy.  Doing so will greatly reduce your risk factor and chances of ending up in trouble.  Just a suggestion, that's all.

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Just wanted a quick clarification of how you define PIF: do you consider PIF to be when you pay down to 0/near 0 by statement closing? Or is it simply paying at least your last statement's balance by the due date so you don't pay any interest?

[Anonymous]

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@mkhan1093 wrote:

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@Anonymous wrote:

Carrying a balance suggests you can't afford to pay for whatever you are putting on your card.  Basically, it's not a healthy financial decision.  I simply suggest that everyone that does this get away from it ASAP and adopt a strict PIF philosophy.  Doing so will greatly reduce your risk factor and chances of ending up in trouble.  Just a suggestion, that's all.

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Just wanted a quick clarification of how you define PIF: do you consider PIF to be when you pay down to 0/near 0 by statement closing? Or is it simply paying at least your last statement's balance by the due date so you don't pay any interest?

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My PIF definition is paying whatever the card is charged in full within 1-2 days notice. Aka, money that is already sitting in my bank.

[Anonymous]

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@Anonymous wrote:

Actually... my brother-in-law is active duty...could he sponsor me into NFCU somehow?

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I think it has to be immediate family, but if he has NFCU then maybe could sponsor you that way..  I got in for grandfather, but wouldnt have been able to with uncle. not sure how brother in law would play into that, but thats some info for you.

I dont know how to cure the itch either..  altho i'm still rebuilding and most of the CC companies wouldnt touch me with a ten foot pole just yet

[Anonymous]

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@Anonymous wrote:

Whatever happened to that OP with that crazy plan?  I recall reading the post in its infancy, but didn't keep up with it.

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He ended up going after 14 cards instead of 30..  got like 12 approvals, but who knows if they didnt AA the crap out of him once they saw the mass app spree.

[MrDisco99]

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@Anonymous wrote:

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@Anonymous wrote:

Whatever happened to that OP with that crazy plan?  I recall reading the post in its infancy, but didn't keep up with it.

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He ended up going after 14 cards instead of 30..  got like 12 approvals, but who knows if they didnt AA the crap out of him once they saw the mass app spree.

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He pared it down from 30 to 16 apps.  Got four instant approvals (including a whopper $20K Amex BCE) and I think two more after recon.

I wonder how he's doing now...

[Anonymous]

I keep the itch to apply in check by asking myself "what benefit will I get from this card that I don't already have from an existing card?" At this point, the only new accounts I'm interested in are travel rewards. I have three low-APR cards from credit unions for balance transfers, two 1.5% cash back cards (Chase FU and Capital One QS), a bunch of store cards, and a few travel cards.

I learned my lesson rebuilding a decade ago, where I ended up with a bunch of subprime low-limit cards that I didn't even want, just because I liked hearing the word "approved" after a BK and several years of poor credit.

[peghede]

Cortizone-10 Anti-Itch Creme (Maximum Strength) or Vagisil Anti-Itch Creme ( Maximum Strength) should do it.