The Motley Fool Discussion Boards

Previous Page

Personal Finances / Credit Cards and Consumer Debt

URL:  http://boards.fool.com/it-doesnt-have-to-be-netflix-or-any-entertainment-30623380.aspx

Subject:  Re: After bankruptcy: secured CC Date:  4/5/2013  12:08 PM
Author:  Fuskie Number:  306906 of 308847

It doesn't have to be Netflix or any entertainment charge. The point was that you could use any kind of recurring charge where you could depend on a fixed balance and payment each month.

Fuskie
Who notes generally that the nice part about this approach is that once set up, you never have to take out out your card at all to use each month, which can be beneficial in resisting the urge to use it if discipline has been a problem in the past or you want to build up credit worthiness while still maintaining primarily a cash-only lifestyle...
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us