UnThreaded | Threaded | Whole Thread (65) | Ignore Thread Prev | Next
Author: TMFCheeze Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 310325  
Subject: Re: Saving vs. Paying credit card debt Date: 6/10/1997 2:33 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
Aruba sez:
Excellent point! Credit card users should definitely take advantage of any perks offered by card issuers. Remember, they are still making money from the fee a merchant pays everytime a transaction occurs.

All kinds of perks out there with the right card... recently I rented a car, only to realize (too late) that if I had used a different card, the insurance would have been covered at no extra charge. Next time I'll remember. It would have saved me a good 20% over what I ended up paying.

Sometimes, obviously, it is more convenient to use a credit card -- that's why they exist. And for certain expenses (like renting a car) you pretty much have to have one. The point is, pay your balance down to zero every month.




Who Has Been In The
Credit Card Hole
Before And
Who Knows
Its Travails
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (65) | Ignore Thread Prev | Next


TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
Foolanthropy 2015!
Fistula Foundation: A World of Good!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.