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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: KM who wrote (47260)1/18/2006 7:59:54 AM
From: RiskmgmtRead Replies (1) | Respond to of 306849
 
KM
I have no credit cards and don't plan to ever have one.
How unAmerican!!!

Don't you know that this is the Land of the FREE.
As in free toasters to open a bank account, or free handouts to welfare recipients, etc

Home of the BRAVE.
As in brave enough to buy 10 houses with zero down and cover the negative cash flow with the 50 credit cards maxed out!!<g>

Seriously, I have had credit cards for years because of the convenience, try renting an auto with out one, but I always pay the balance due monthly so I don't get the 22% interest charges. Credit cards are like guns, nothing wrong with them if used correctly, but don't let teenagers anywhere near them!! Some cynics may add girlfriends or ex's to that but I won't :}

Ray