Suze Orman Oct 08 – What Do We Need Credit Card
Wondered why do we ever need credit card? To your surprise, you actually need to have a credit card these days. But you do NOT need credit card debt. As Suze Orman explains.
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I love Suze Orman! LOVE HER!
I love her too! If more people would heed Suze’s advice, we might be able to dig ourselves out of this financial disaster we’re in now. Money isn’t dirty… greed is.
i do not love money, i admire it. its ability to provide its possessor the power to persuade a sucker to exchange anything he wants for filthy, stinking pieces of paper(or nothing at all) is almost magical. it’s one of the greatest if not the greatest human invention ever
In answer to that particular question – she says you need a credit card for everything that you need to have in life like a cellphone etc etc… Basically what you need to have is credit!
So in effect what you really need to have is enough money on you or in savings in a bank to enable you to buy these things.
In which case why would you need to have a credit card. Save up enough (or get the necessary resources) and then purchase the things that you want to.
she’s a stupid retard. you don’t need a credit card to get fico score. also, she forgets that credit cards are very conveinient. if you want a high fico score you just need to get a loan and pay it off really fast. you can actually get a loan and pay it back the next day with a down payment and a friend or family memeber undersigning for you dude! fucking retarded what she’s saying!!! absolute fucking bullshit talk out of her ass
I dont think that loan idea is going to work – Im south african I dont know how it works there, but :
1. Youll probably owe a interest the instant you take the loan, whether you pay it back tomorrow or in 5 years. That is just a waste of money!
2. “Undersigning” – as guarantor is the worst thing a person can do for their OWN credit score. Their credit to the amount is reflected as blocked till (IF) YOU payback.
Just get the credit card in your fucking name and not involve other ppl!
i know it works. i’ve done it a few times now. any time i take out a loan i pay it back very early with the exception of my car loan i got the summer after 9/11 with a 0 percent loan. you just have to make sure there is no prepayment penalty or other such hidden tricks before you agree to the loan
big lenders want you to be broke. they don’t care if they even get the money back since they make the money out of thin air anyways. fiat money is a scam to steel wealth from 99% of population
drug money is dirty