Black Money Business Jobs : Black Cards

Discussion in 'Black Money Business Jobs' started by Shikamaru, Oct 18, 2011.

  1. Mikha'el Active Member

    Member Since:
    Oct 18, 2009
    Message Count:
    963
    Likes Received:
    225
    Trophy Points:
    43
    Gender:
    Male
    Location:
    Somewhere
    when i can afford to pay a monthly bill ill cop. time to start building credit. i wanna at least have the opition of a black card even if i never touch it
    Ill come back to you when its time.
  2. Shikamaru Well-Known Member

    Member Since:
    May 7, 2011
    Message Count:
    3,642
    Likes Received:
    1,945
    Trophy Points:
    113
    Gender:
    Male
    Just remember that getting into a credit card is a bad deal.

    From the perspective of compound interest, credit cards are a loss of money from day one.

    The contract between yourself and the credit card company is an ADHESION contract. The absolute worst one out there.

    If you subscribe to the public/private model, you should restrict credit cards and their tenure to your public capacity.

    Protect yourself always.
  3. Mikha'el Active Member

    Member Since:
    Oct 18, 2009
    Message Count:
    963
    Likes Received:
    225
    Trophy Points:
    43
    Gender:
    Male
    Location:
    Somewhere
    you told me before of what credit cards are banking on. that ill act stupid n find myself unable to pay the bill.

    Not happening
  4. Shikamaru Well-Known Member

    Member Since:
    May 7, 2011
    Message Count:
    3,642
    Likes Received:
    1,945
    Trophy Points:
    113
    Gender:
    Male
    Well.... I wouldn't go that far else they get nothing!
    They would like you to flounder so that you generate extra fees for them and that you continue to pay.
    The sweet spot for them is where you run up a high balance and pay the minimum every month. You'll be paying for years that way. Maybe even decades.
  5. Shikamaru Well-Known Member

    Member Since:
    May 7, 2011
    Message Count:
    3,642
    Likes Received:
    1,945
    Trophy Points:
    113
    Gender:
    Male