Forum topic

5 posts / 0 new
Last post
Mike
Last seen: 1 year 11 months ago
Joined: 07/08/2016 - 09:24
credit

i've just gotten my first credit card. we are going to buy new house and we dont have enough money for it. i'm looking to boost my credit. should I pay my card off in FULL each month, or should I just pay the minimum balance? (Minimum payment would be $400 per month). Which would boost my credit the most i am not very good in credits and all that stuff and i dont understand how the things are going very good. i know that people who are working in banks want to make everything so it will profitable fro them not for people. that's why i ask you.

No votes yet
Mike
Last seen: 1 year 11 months ago
Joined: 07/08/2016 - 09:24
credit

Jacob, are you serious?! Don't think that every bank employee just wants to get an unfair profit from you. I have never had this thought before, actually. Maybe sometimes there are such cases, but not always. Such serious matters should be discussed with professionals, I am not aware of such things.

No votes yet
Valeos's picture
Valeos
Last seen: 5 months 3 weeks ago
Joined: 11/23/2017 - 11:52
credit

Good afternoon, people! Loans are bad) Of course everyone decides whether to take a loan or not. But for me, credit is just horror. If you can live without a loan, then you should not be in debt to the bank for several years, if the amount is large. I know that many people take loans or buy something on credit or in installments ... But on such matters banks live and, of course, the person who took out the loan overpaid the interest, there will not be such that it's cool for you and the bank! It's up to you to decide if a house is absolutely necessary for you, then make out a loan, but I do not advise it.

No votes yet
IamJack's picture
IamJack
Last seen: 4 months 6 days ago
Joined: 01/21/2018 - 21:07
Hi, guys! I'am not also good

Hi, guys! I'am not also good at credits, but as far as I know it's not safe to take loans in banks. They will do all possible and impossible things to decieve you, believe my word, so you need to consult a good lawyer and ask him to explain you every single detail in the treaty your going to sign up. Once you've decided to take a credit, make sure that you'll be able to make payments strictly on time. Otherwise you'll have to pay much more than the initial sum you've borrowed. If I were you, I wouldn't do this. Maybe, you have some relatives or friends who would help you to buy a house without borrowing money from the bank??? Just think twice before asking a bank to borrow some money!

No votes yet
Bert's picture
Bert
Last seen: 3 months 3 days ago
Joined: 03/15/2018 - 06:58
What are bad loans? This is -

What are bad loans? This is - so habitual to us consumer loans - to buy some goods. What are the most common problems for such borrowers? In our advanced and rapidly developing world, almost any thing very quickly becomes not modern. That is, buying a loan on a thing, you after a while discover a similar product for the same price, but much more functional and modern. And by the end of the loan payments, the goods you bought are generally obsolete, even throw it away. Conclusion, it is necessary to again acquire something new. And again you climb on credit, so as not to lag behind rapid progress. And everything would be fine, you are kind of using a thing, but on the other hand - you are spending too much. Is it really worth investing so much and money to be a progressive person?

No votes yet