If you can avoid having a credit card then do so IMO
Thats "out of the ark" thinking IMO.......if u a really stuck for something ur debit card aint gonna help u unless u like overdraft fees (which are hideous!)
Its very simple really....its not ur money ur are borrowing it and u have to pay it back!
All these people that go on TV and say "oh its the card companies fault I'm in such bad debt!"
BOLLOX....its ur own fault not anybody elses!
Grin and bare the fact u fcuked up and now u have to repay it!
They are excellent if used properly.
My dad didnt have a lot of choice but to use one as he brought me up on his own and money was quite tight.
For him it was a bit of juggling with finances but we would have gone without if he didnt use a credit card.
There is sensible use and theres being a plum!
If u know u cant afford the repayments on the card dont buy things on it....... easy!
If u cant afford a Â£1500 a month mortgage u dont take it on!
If u cant afford to buy and run a Â£60000 porsche u dont buy it!
Hardly rocket science.
People cant grasp how simple the concept is.
The number of people i know that have taken on a low APR card and sorted their finances out within a year is tremendous....yes i know they are making a bit of money out of u but u are also getting a VERY good deal by lowering ur monthly payments etc substantially.
Its these debt consolidation people that are the conning fcukers!
I've seen some leaflets stating 47% APR!!!!
As i have good credit rating i get lots of these leaflets....I had one through the door at christmas with 47% so I circled it and put a note on there saying "U gotta be taking the p1SS" and sent it back to them...LOL
A guy i worked with b4 had just declared himself bankrupt at 27 years old!
He borrowed money in the form of loans and drew cash from the credit cards to get p1ssed up etc!THat is credit abuse and he deserves to be blacklisted for his actions.
I have 14 years of good credit and the bank/credit card companies will bend over backwards to help if i need loans/credit etc.
If u desperately need that safety net,its in place!I dont abuse it and never have.
If u lent a friend Â£500 u would expect it back at an arranged date why should it be any different for a lender like a card issuer/bank.
Using a card sensibly since i was 18 has let me do a lot of things I couldnt have done if i didnt have it (bought bikes/had holidays/bought home stuff like audio equipment etc)
Get ur card mate but remember if take the micheal it will bite u in the arris!
Most issuers dont check details like workplaces,most arent interested coz once u sign that bit of paper u are legally bound to pay ur bills.If u sign it fraudulently thats up to u but take heed of what i said.
If u decide to stop working for a bit dont rack it up or u will get clobbered for it.Its not a ticket to a big shopping spree for free like some people think.
REmember that and u'll be fine.
Electoral rolls dont really mean a lot to card companies anymore,I know people that rent and move every year sometimes every 6 months.They have no probs with credit,all they want to know is are u sensible with money?