DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Why Dont I get approved for Credit cards ?

**soryalomop** · 12-25-2007, 12:27 AM

Credit cards are great tools...but you need to have responsibility. Regrettably most Americans should probably not even have them they are so irresponsible.

I have an AMEX that I get free with my Costco Membership. I use it on every purchase I possibly can, collecting 1-3% cash back, no fees...plus the protection against fraud, etc is very good.

The key is that I never spend more than I have, it really isn't a "credit card" for me in the sense I am spending outside my means, more like a "delayed debit" card with better protection and cash back.

Get a card, then never carry a balance. You might not raise the limit as fast as someone carrying a balance but this is the right way to go.

12-25-2007, 12:27 AM	#18
soryalomop Join Date Oct 2005 Posts 617 Senior Member	Credit cards are great tools...but you need to have responsibility. Regrettably most Americans should probably not even have them they are so irresponsible. I have an AMEX that I get free with my Costco Membership. I use it on every purchase I possibly can, collecting 1-3% cash back, no fees...plus the protection against fraud, etc is very good. The key is that I never spend more than I have, it really isn't a "credit card" for me in the sense I am spending outside my means, more like a "delayed debit" card with better protection and cash back. Get a card, then never carry a balance. You might not raise the limit as fast as someone carrying a balance but this is the right way to go.
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