Do you care about your credit?

major pain

LPast wrote: »

Yall can buy houses with no credit? Tell me how?

7fIG wrote: »

LPast wrote: »

Yall can buy houses with no credit? Tell me how?

By paying for it outright.

LPast wrote: »

Well don't have $70,000+ right now, so I think I would need a loan.

And such is the way of the world for damn near EVERYONE. People have been buying houses and other large purchases on credit for a long time. The uneducated are the ones that get preyed upon. You can blame a bank all you want, but if you know you only make $50k/year, there is no reason you need to 'accept' that $200k mortgage approval.

Ask yourself one question, how many people do you know personally that bought their house and/or car with cash?

7figz

LPast wrote: »

Well don't have $70,000+ right now, so I think I would need a loan.

70K sounds real good for a house ? Where at ? Is it a rehab ?

LPast

Metro Atlanta, foreclosed homes go for cheap.

powerman 5000

major pain wrote: »

powerman 5000 wrote: »

major pain wrote: »

powerman 5000 wrote: »

major pain wrote: »

powerman 5000 wrote: »

major pain wrote: »

powerman 5000 wrote: »

major pain wrote: »

powerman 5000 wrote: »

congrats on the scores... now you're eligible to owe someone.

lol thats what good credit scores mean? you really have took too many sips of Dave Ramsey's koolaid folk..

it works for me. that's all I'm saying. I don't chase fake numbers. My shit is 745 last I checked ( maybe higher now, who cares) but since I bought my house 5 years ago. i haven't had any use for credit. I'll leave you with that.

I've heard the bold mart a lot too. The thing is nobody can say where he's wrong. strange.....

There is nothing 'fake' about credit scores. Last I looked most people arent wealthy enough to pay cash for everything, so they do have to borrow money in some form. Cars... houses.. like yourself. That 'fake' number can greatly affect how much of your cash you have to pay back.

As far as saying where Dave Ramsey is wrong... where would you like me to begin? There are entire sites and blogs dedicated to saying how wrong some of the foolishness he has people buying into. The fundamental concept of using cash only is nice, but it doesnt apply to the people that need/use his advice.

Dave Ramsey is rich and stays rich because he has people like you buying his shit. lol carry on

lost all credibility with this line.. i got it from the public library..... done....

so people in droves arent buying his shit? interesting how ALL OTHER points were ignored.. you should be done because you're not informed enough to have this conversation bruh

you said "like me" that's uninformed as hell... Now it's "all others," huh? I don't care what other people are doing. other people carry payment plans and have no problem with it. I walk into dealerships and walk out with keys and a title. i was going to get my VA loan anyway. That's how I chose to live. No fake made up numbers with no formula on how the number was pulled out of someones ass. You can attack me if that helps get your point across. As far as internet sites and blogs. i can show you a site with pictures of ufos and bigfoot. Nothing is for everybody. Big deal there's sites and blogs. if it doesn't work for you so be it. Take pride in your made up numbers, if you want, as for me; Worrying about if some billion dollar company feels that i'm worthy to be in dept to them doesn't work for ME.

people like you is what i said.. yes people like you who buy into his shit.. there are PLENTY of people that will BUY his material and that point hasnt changed..

also i said 'all others' in reference to the POINTS i made not other people

keep up.. this isnt an attack its the truth .. you dont know enough about how credit works and this is apparent through your posts

glad you brought up the VA thing... the vast majority of people that need loans dont qualify for VA programs which arent as heavily influenced by credit... so sure it 'works' for you, but the guy who didnt join the military might need to keep his shit top notch to enjoy those rates you do

buy into his shit??? I'm on track to pay off a 30 year mortgage in half the time. I'm going for 12 years though. What's fuckin with that? How is that shit? I put real numbers on a paper and got real numbers that are actually working and consistent every month. I don't give a fuck who buys his stuff. I know all i need to know about credit. it's a fools game that I'm not going to play. Bank of America stay in trouble screwing people based on credit. I guess they're the only ones doing it, though. I just posted about MY experiences. That's it. Just stuff that has happened to me. If you had different experiences fine and I'm happy for you. But my happiness and what I'm allowed to do will never be based on a report that can't even get my name right let alone the information on the report again. The only time credit trumps cash in when the predators see they can make more money off the interest they charge you. A company on the up and up will bend over backwards for you if you have cash. My last motorcycle I bought had a sticker of 10, 5. I agreed to 8 and a quarter. Yes it 'works' for me.

lol yes buy into his shit... it took Dave Ramsey to figure out that its not a good idea to make the minimum payments on a mortgage? There are plenty of people that are keeping him rich by buying those same books you say you read in the library. He is capitalizing just like the rest of America. And you talk about 'predators'. Nothing he teaches cant be found free of charge.

If you would have listed some information that was not based on falsehoods I would believe you knew 'enough' about credit. However, you stated some very wrong things and that in turn shows you dont really know enough. Now, if you feel fine with it ok, but to say shit like cash trumps credit 100%, thats just flat out wrong. Just a small example, go try to rent a car with a debit card or cash.

Congrats on your motorcycle. Did it ever occur to you, that there was some 'markup' in that 2.5k you say you saved? You really think it was only because you walked in there with 8k in cash? lol

I see you keep dodging points I make though so, dont even worry about responding if you got it planned out.

I'm not even sure what your point is, you CAN rent a car with a debit card. Are you telling me this isn't possible? I'm putting out my very real experiences and you just saying "that's false" these things happened I was there. You can't tell me it's false. All i'm saying is fuck credit get ya money up. Reduced down to the base case. Have ya money right. Everything else that you say is false that you haven't proved to be false can come off the table. "A bird in hand is worth 2 in bush" , "a fool is easily separated from his money", "C.R.E.A.M" all those quote are true. And if it's the "100% of the time" thing you mad about. okay 99% hell 95%. At this point in my life I have collateral, I may not have credit and I don't need or want it. I'm down to my last note hanging over my head and that's how I like it.

BlackThor356

yea the only thing you need credit for is to buy a house under decent terms, in todays day and age, a first time home buyer can get that gangster FHA loan with like 3% down and take advantage of the lowest interest rates ever with a credit score of like 620+

outside of a crib i dont need credit...cars get bought cash, and i dont do loans

major pain

powerman 5000 wrote: »

major pain wrote: »

powerman 5000 wrote: »

major pain wrote: »

powerman 5000 wrote: »

major pain wrote: »

powerman 5000 wrote: »

major pain wrote: »

powerman 5000 wrote: »

major pain wrote: »

powerman 5000 wrote: »

congrats on the scores... now you're eligible to owe someone.

lol thats what good credit scores mean? you really have took too many sips of Dave Ramsey's koolaid folk..

it works for me. that's all I'm saying. I don't chase fake numbers. My shit is 745 last I checked ( maybe higher now, who cares) but since I bought my house 5 years ago. i haven't had any use for credit. I'll leave you with that.

I've heard the bold mart a lot too. The thing is nobody can say where he's wrong. strange.....

There is nothing 'fake' about credit scores. Last I looked most people arent wealthy enough to pay cash for everything, so they do have to borrow money in some form. Cars... houses.. like yourself. That 'fake' number can greatly affect how much of your cash you have to pay back.

As far as saying where Dave Ramsey is wrong... where would you like me to begin? There are entire sites and blogs dedicated to saying how wrong some of the foolishness he has people buying into. The fundamental concept of using cash only is nice, but it doesnt apply to the people that need/use his advice.

Dave Ramsey is rich and stays rich because he has people like you buying his shit. lol carry on

lost all credibility with this line.. i got it from the public library..... done....

so people in droves arent buying his shit? interesting how ALL OTHER points were ignored.. you should be done because you're not informed enough to have this conversation bruh

you said "like me" that's uninformed as hell... Now it's "all others," huh? I don't care what other people are doing. other people carry payment plans and have no problem with it. I walk into dealerships and walk out with keys and a title. i was going to get my VA loan anyway. That's how I chose to live. No fake made up numbers with no formula on how the number was pulled out of someones ass. You can attack me if that helps get your point across. As far as internet sites and blogs. i can show you a site with pictures of ufos and bigfoot. Nothing is for everybody. Big deal there's sites and blogs. if it doesn't work for you so be it. Take pride in your made up numbers, if you want, as for me; Worrying about if some billion dollar company feels that i'm worthy to be in dept to them doesn't work for ME.

people like you is what i said.. yes people like you who buy into his shit.. there are PLENTY of people that will BUY his material and that point hasnt changed..

also i said 'all others' in reference to the POINTS i made not other people

keep up.. this isnt an attack its the truth .. you dont know enough about how credit works and this is apparent through your posts

glad you brought up the VA thing... the vast majority of people that need loans dont qualify for VA programs which arent as heavily influenced by credit... so sure it 'works' for you, but the guy who didnt join the military might need to keep his shit top notch to enjoy those rates you do

buy into his shit??? I'm on track to pay off a 30 year mortgage in half the time. I'm going for 12 years though. What's fuckin with that? How is that shit? I put real numbers on a paper and got real numbers that are actually working and consistent every month. I don't give a fuck who buys his stuff. I know all i need to know about credit. it's a fools game that I'm not going to play. Bank of America stay in trouble screwing people based on credit. I guess they're the only ones doing it, though. I just posted about MY experiences. That's it. Just stuff that has happened to me. If you had different experiences fine and I'm happy for you. But my happiness and what I'm allowed to do will never be based on a report that can't even get my name right let alone the information on the report again. The only time credit trumps cash in when the predators see they can make more money off the interest they charge you. A company on the up and up will bend over backwards for you if you have cash. My last motorcycle I bought had a sticker of 10, 5. I agreed to 8 and a quarter. Yes it 'works' for me.

lol yes buy into his shit... it took Dave Ramsey to figure out that its not a good idea to make the minimum payments on a mortgage? There are plenty of people that are keeping him rich by buying those same books you say you read in the library. He is capitalizing just like the rest of America. And you talk about 'predators'. Nothing he teaches cant be found free of charge.

If you would have listed some information that was not based on falsehoods I would believe you knew 'enough' about credit. However, you stated some very wrong things and that in turn shows you dont really know enough. Now, if you feel fine with it ok, but to say shit like cash trumps credit 100%, thats just flat out wrong. Just a small example, go try to rent a car with a debit card or cash.

Congrats on your motorcycle. Did it ever occur to you, that there was some 'markup' in that 2.5k you say you saved? You really think it was only because you walked in there with 8k in cash? lol

I see you keep dodging points I make though so, dont even worry about responding if you got it planned out.

I'm not even sure what your point is, you CAN rent a car with a debit card. Are you telling me this isn't possible? I'm putting out my very real experiences and you just saying "that's false" these things happened I was there. You can't tell me it's false. All i'm saying is fuck credit get ya money up. Reduced down to the base case. Have ya money right. Everything else that you say is false that you haven't proved to be false can come off the table. "A bird in hand is worth 2 in bush" , "a fool is easily separated from his money", "C.R.E.A.M" all those quote are true. And if it's the "100% of the time" thing you mad about. okay 99% hell 95%. At this point in my life I have collateral, I may not have credit and I don't need or want it. I'm down to my last note hanging over my head and that's how I like it.

jesus christ.. i never said its impossible ... i said try it. do you know the differences that damn near every rental company has when using debit card vs. credit? the benefits you can have from using certain credit cards.. like i said this is just one SMALL example. nothing false about, all factual.

a fool is a fool using cash or credit... lol its not secret foolish people do foolish things.. all im saying is know the full picture before you say silly things like cash trumps credit.. or it took a hard inquiry to check your credit..

and who's mad.. im doing just fine folk.. im just correcting you where you're wrong