Why americans should not use credit

I realize the apt. So why should the I have to pay extra for a child to use our school?? BUT they send me a school tax bill every year. Something needs to be done, tax these renters to use our school system or tell them to get out.

Why americans should not use credit

I agree with you completely. Guest 17 A good credit score is important, if you want to get a mobile phone contract they do a credit check. Those with a dubious history can end up being declined or having to pay a deposit. You mention about overspending, credit cards should not be seen as a way of funding a luxury lifestyle.

Paying with a debit card in shops is not a good idea, if it gets cloned then there could possibly be the inconvenience of not being able to access your wages and certain bills going unpaid. If you buy something on a credit card like a sofa for example and the company goes bust prior to delivery then a credit card offers protection and you will be refunded.

Still think credit cards are bad? I had to bed him to let me rent the car and he only rented it to me because I proved I had the cash for the days I was going in my account.

It would have been so much easier if I had just had a credit card. Rental companies are getting stricter about this because they want the money to be readily available and not get ripped off by someone claiming they have cash and a debit card. I was so happy when I found this no credit check company because I have no credit and it will be good for a person like me to establish something so that I might be able to have a good credit score when I go to purchase a house, which they look at even if you have enough cash to buy the home.

I have decided in this day and age, no one can really do everything they want without a credit card and a monthly payment option. Guest 19 Tyler, I was a total cash believer for years. However, using a cashback credit card to purchase routine items like gas, groceries, etc rather than a debit card or cash was a recent epiphany to me.

That said, those that use credit cards to delay payment are just plain ignorant and will eventually have to pay the piper. MikeCinFLA 20 Five years ago I converted the full amount of my mortgage into a home equity line for the full value of my home.

With credit cards you lose all privacy. Not only is every purchase you make tracked, but every place you travel is also logged.

Why americans should not use credit

Never invite big brother to watch you. Unlike a debt card, which can do everything you mentioned, if you miss a payment your screwed.

I just dropped my RSS subscription from here. When a debit card is hacked or stolen its YOUR money that gets stolen and its up to you to fight the bank to get it back. If a credit card is stolen its the banks money and its up to them to track down the thieves while your money sits safely under your mattress.

Philip Brewer 24 Two more reasons to use credit cards: Mine, for example, provide collision coverage for cars I rent. Some also provide some degree of coverage for consumer items--extended warrantees and the like. Federal law requires them to do so under certain circumstances, but most credit card companies have much more consumer-frendly policies than the minimum required by law.

Erik 25 You make it sound really good, but not everyone is as disciplined about paying off their credit card.

REPLY Guest 26 So, in your scenario of people living paycheck to paycheck, where would they find the money if they have an unexpected expense during the month?

These people will probably have to take out a loan which, technically, is using credit and paying interests a la credit cards.

Why americans should not use credit

Guesterino 28 Good point, I am one of those paycheck-to-paycheck folks, except I am more cashout-to-cashout since I am a waitress. I keep my debit card locked in the glovebox shhh and deposit my cash nightly at the ATM.Americans Should Not Use Credit Cards Com/ Date: 08/31/ Instructor: Dierdre McKee Americans Should Not Use Credit Cards Why Americans should not use credit cards, throughout the United States, credit cards have become one of the most popular forms of payment in everyday shopping whether consumers are making a routine trip .

Online bill pay service, offered by many banks and credit unions, makes it easier to organize your bills and pay them when they’re due. If you juggle rent or mortgage, cable, electricity, credit.

Why Most Americans Should Not Use Credit Cards

Nov 19,  · The tax code is the government's main tool for encouraging people to save for retirement. Workers don't need to pay taxes on the earnings they put .

A car lease gives you a brand-new car for a low monthly payment; what’s not to like?

 Most Americans should not use credit cards Michael Rozier Jr. COM/ September 7, Professor Annotti University of Phoenix Most Americans should not use credit cards With the grip of an anaconda, it has begun to squeeze the very essence out of American consumers around the world. With no control over the grip, this amazing . Credit cards add another monthly bill to worry about; Credit cards are a fast track to debt, which is financial slavery, not financial freedom; I hope this list convinces a few that using credit cards for consumer spending is never a good idea. Credit cards should only be used for business use, guided by profit and loss to increase the wealth of the business . This story was updated Nov. 9, -Ed. aNewDomain — Americans are dumb.. That’s what people say. Especially non-American people. But lots of Americans think that Americans are stupid, too.

Everything. Here are the many reasons why you should never lease a car. The Norwegian Centre for International Cooperation in Education recently organized an event about the value of international students.

My presentation was called Why international students should not come to regardbouddhiste.com is what I said: In the mids, the Norwegian government modified the “quota student” program that provided opportunities to students from underdeveloped countries.

The generation gap has a new frontier: IRAs.

Accessibility links

The older you are the more likely you are to favor a traditional IRA over a Roth IRA, new research shows. Things evolved that way for good reason. But.

Why should women change their names on getting married? - BBC News