Quote:
Originally Posted by Whostheboss
Since the age of 16, I've always worked and saved money. I have always paid the utility bills in our house (widowed Mom with 5 kids)
At 23yrs i traded in my old Integra and ordered a brand new BMW, i got slapped with 7%.
At 26yrs i purchased my first house, i got 5.25% (2009). I refied last year and got 3.3%.
I always save money and buy whatever i need to buy and move on.
I understand that with a CC i can earn extra rewards for swiping but I've heard horror stories of people who get easily carried away and go on a wild spending spree.
I also understand that just because i pay all my bills on time doesn't necessarily mean i have a good credit. A good credit is the ability to pay back a loan. Oh well. Last time i checked my score i believe it was something like 825/750/701 ( i really don't remember)
So that being said, i just stayed away from CC's.
(pardon me if i jacked your thread lol)
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Nice! Kudos to you for having that great discipline.