>buying stuff with money you don't have
I don't get this. It's just boomer logic right? I have like 50k in my checking account. Why would you ever use credit instead of debit? If I can't afford something I don't buy it.
But now I can't get an decent house or apartment because I have no credit history (ie I'm not a deadbeat that buys stuff they can't afford). Also employers look at your credit score and shit. Why? ?
I just don't understand.
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Just get a credit card and pay it off every month like every other person in this godforsaken country who is not financially illiterate
>wants to take out loan with no loan history
hmm
That's what they all said in the beginning
You use credit like a debit card so you can build credit and get rewards just dont be an incel and use more than you have
>Spending your own money when you can use the banks for 0% interest
think about it
dis nigga gets it
>it's another I don't understand how credit card rewards work episode
Chase sapphire reserve of kys. See you at the airport lounge faggot op
Credit cards are literally free money. You're an idiot if you don't use them.
unless you are functionally retarded, it's not difficult to simply use it no differently than a debit card and pay it off. This is why we have an opioid problem, fuckin retards
I get that it is no fair but this is how it is. The truth is that the system was designed this way to incentivize people to use credit cards because Jews make 2% off of all credit card transactions.
Alright kiddo, someday you might want to make a big purchase. Let’s say you’re so chad that you want a €10m house (assuming you’re a eurocuck on account of you not understanding credit) but you only have €2m to put down. If you want a shot a getting a mortgage, you gotta have that sweet credit history. I guess you could always live within your means but there’s opportunity cost to that. You can’t invest for tomorrow when you already paid up everything you have today
Oh just reread. So you know you can’t get a mortgage. Congratulations dumbass! No one will lend money to a guy who hasn’t show he’s competent as a borrower. Duh that’s just plain fucking common sense
Patrician card
Credit cards are nice to have. Say some shit pops up that requires fast attention such as car repair. Depending on what it is that can cost you more than what the limit is on your bank card (debit card). I know mine only lets me pay up to $500 per one transaction. Security thing. So if that purchase is over $500 I'm fucked without my credit card. Point is they come in real handy. The thing that fucks people over is when they max them out and they fail to pay it off before the payment date or they only pay the bare ass minimum payment.
People are more likely to spend when it's not their money. That's why the kikes keep shilling these plastic shits as a necessity. Oh, and they get money every time you use one. But keep being good goyim, your shekels aren't gonna end up in the Jew's pockets by themself!
>t. no self-control nigger
How hard is it to not be retarded and pretend its a debit card
So what if they get money, I get money too
I get cash back for using my cc . Like 3% or something like that
because credit cards often offer rewards/perks of some kind, and if you're not a mouthbreathing retard you can figure out how to maximize the amount they pay YOU. Just throw expenses you'd be paying anyways on the card
>Why would you ever use credit instead of debit?
you can get lower interest rates when you finance large expenses
Two reasons:
Wealth now is mathematically provably more valuable than wealth later.
You can use credit to game the system and increase your credit score, which qualifies you for better interest rates on mortgages, which if you have the capital, you can in turn also game (pay off quickly and comfortably). You do this so you can keep a large amount of savings to fund more endeavors, like buying a second, third, etc. property to flip or rent out.
Then why bother getting one in the first place?
He has enough self control to not even buy one in the first place. You're more impulsive than he is, dumb ass
>Paying interest for a "reward"
Lmao you actually believe you're getting free stuff. The exact sort of retardation you would expect from your average good goyim
it goes like this OP
>imagine buying stuff you don't need with money you don't have kek
and this loan history thing must be the greatest scam ever. something like this garbage does not exist in krautland.
burgers a unironically retarded for letting themselves get screwed over like this
credit cards are open loans. you don't borrow when you can't pay it back.
>have 50k in bank
>link all bills to credit card
>use credit card regularly
>automatic payments on card (before billing cycle ends)
>get 2% cash back always (paypal mastercard)
>never pay interest
>never miss a payment
what the fuck don't you get?
money makes the world go round. yes employers can look at your credit history just like employers can do a background check on you to make sure you're not a fuck up. if you can't manage yourself financially in the world of capitalism and free market, you can't make it in this world period.
you don't HAVE to use a credit card if you're irresponsible or forgetful. but you obviously hate free money and i don't know what to tell you about that.
I heard you guys liked platinum cards..
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So wait, what stops me from laundering the fuck out of that 2% cash back?
fucking this. Stop being such debt cycle cocksuckers.
you know why you get 2% cash back? because your personal data has way way more worth to advertisers so they can target commercials directly at you and you buy even more crap. and get another 2% cash back :)
hur dur free money nothing is free you retards
>letting a stranger borrow $250,000
gas yourself
in krautland you have to have 10% of the investment. and a good schufa score (means no FAULTY loans) thats it.
sounds good right?
you guys are screwed and just dont know how much
what the fuck are you talking about? laundering? you get 2% CASH back just for using the fucking credit card.
cool story alex jones
in burgerland, loan history gets you low interest rates. loan history AND 10% or more gets you and EXTREMELY low interest rate.
sounds good right?
>imagine not even knowing how advertisement works
kek you guys crack me up
whats your EXTREMELY low intrest rate? mine is 4% on 200k sounds good right?
yeah that's about the same here
pay everything with cash. fuck the (((credit))) system
>imagine being manipulated so easily by advertisements
but you know how much I had to buy on credit card for that? nothing. I only have a credit card to buy stuff from burgerland online like once a year.
sadly advertisment works
>Coca-Cola has made a yearly commitment to large ad spends. In 2017, the beverage manufacturer spent $3.96 billion, in 2016, $4 billion, and in 2015 $3.96 billion on global advertising. [3]
global acceptance, bonus programs, fraud insurance, apple pay, simplified online payment process.
I‘m sure there‘s even more. Just don‘t spend more than you can pay off by the end of the month and you‘re fine.
t. Debt free since 1989
Nice. I'm still getting 2% cash back for constant use of my credit card.
and sadly, I haven't had a soft drink in years.
You are 100% right OP. The boomers really fucked things up and it's going to take civilization collapsing to fix.
The worst part is trying to explain it to them and hearing their braindead responses like "it's for your future"
Just use it for stuff you'd buy anyway. But try not to use it too much because they do get those transaction fees from the retailers.
I dont even have a TV I get litteraly 0 advertisement only billboards on the streets hate those and take routs without them. thats how much of an advertisement hating autist i am. I was a graphic designer once uppon a time and made them myself. I hate them with such a passion because all they do is
>make you buy more shit you dont need with money you dont have
it works thats why its a huge industry and it makes me sick. thats why i quit.
i am not in the position to tell you anything on how to life you live
i am done ranting now. fuck credit cards. fuck advertisements. fuck jews. fuck niggers. and fuck jannies.
price and purchase protection are the shit
>tfw disputing a charge when gay ass nigger metropcs doesnt fully refund me
i get it. I hate them too. They do work on a lot of people. but I (and hopefully you) really understand them and how they work and that's precisely why they don't work on me unless i know for god damn sure it's a deal you can't pass up or it's something that i do actually need and will literally last forever. advertisements are good for exposure, but that doesn't mean I'm gonna buy everything I see or even develop cravings for something i've never had nor am I even interested in.
idk how credit cards are different in krautland, but in burgerland, it's something to definitely take advantage of if you're smart and manage money well.
fair enough I can let everything stand exactly like you have written. cheers fren
i'm gonna pay with my credit card haha fucking amerimutts
its an american thing
>i am done ranting now. fuck credit cards. fuck advertisements. fuck jews. fuck niggers. and fuck jannies.
unequivocally based
So you'd rather lend money to someone who spends money that he doesn't have than someone with a huge amount of savings?
They sell your data, no company can operate at a loss
you can make credit go up like phone contracts and a bunch of other shit look into it faggit
Credit Cards are a means to establish credit.
I thought this was the business board?
well of course they sell your data
but they make their money from transaction fees paid by the merchant
the whole thing is boomer as fuck
People making dumb and selfish decisions with money isn't the Jews' fault, it's theirs. Stop treating people like they're helpless babies trapped in an evil Jewish plot. People who can get credits are adults, they have agency, and when you pull out the whole hand wringing meme thing, you are just excusing people for being irresponsible.
I miss pre-2016 Jow Forums. It definitely wasn't perfect, but at least every board wasn't Jow Forums + Jow Forums + whatever the board actually is
>ut now I can't get an decent house or apartment because I have no credit history (ie I'm not a deadbeat that buys stuff they can't afford). Also employers look at your credit score and shit. Why?
I think you just answered why it’s a good idea to use credit cards. As long as you pay them back in full each month there’s literally no reason not to use credit cards. Tbf this only recently sunk in for me and I’ve started using one.
>ameriloans
You don’t pay interest on credit cards if u pay the balance in full every month
why is credit history more important than proof of income? seems retarded
>Borrowing money isnt your own money
What kind of retarded boomer logic is this