Current Events > Why are you guys so scared of credit cards, loans, etc.?

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FunnyPies
06/20/20 4:37:21 PM
#1:


Credit cards are freakin' amazing. You literally lose if you don't use one, because you pay with cash (or debit) and get no rewards back.

Some loans are fantastic too. Car loans with 0% APR (assuming you spent within your means) is a no brainer, and mortgage rates are historic lows, under 3% now, essentially making it "free" to borrow.
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BlueAnnihilator
06/20/20 4:38:47 PM
#2:


Who is "you guys"?

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I agree with you, Blue. - FinalRockerdude, Vgmasta, ZeldaFan42, ObservanTeMK, Magoo111, E121Phi, re4master543, PJiddy, bloodmage3 (cont. in quote)
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SauI_Goodman
06/20/20 4:39:16 PM
#3:


the only reason i use my credit card is because i'm too lazy to update my ledger every day by using a debit card. this way i only have to update it once a month when i pay off the credit cards.

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If you can see this message it's a wonder why it hasn't been modded yet by the snowflakes.
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ZeroX91
06/20/20 4:40:17 PM
#4:


Watching our parents struggle with crippling debt our entire lives

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2 to the 1 from the 1 to the 3, a fitting end for a monster like me.
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FunnyPies
06/20/20 4:50:26 PM
#5:


BlueAnnihilator posted...
Who is "you guys"?
CE in general seem to be scared of any type of credit cards or loans.
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