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"Subprime May Be Hitting Credit Cards Too, - August 23, 2007"

TheNewWorldMan
Valued Contributor

Re: "Subprime May Be Hitting Credit Cards Too, - August 23, 2007"



@JustMe1 wrote:
I have found the best way to offset this subprime mess ...... pay in cash!!
I have cut up my last credit card "Discourage Card"





Yeah, but that's not helping your FICO.

Keep your cards open, just keep your balances very low...as in single-digit low. Then, when the CCC ratejacks you, you can say, "Oooooh...29% on a balance of $8.27...I'm soooooo scared..."
- - - -
in a credit-scoring postnuclear Stone Age...
Message 11 of 11
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