Suze Orman Oct 08 – What Do We Need Credit Card
Wondered why do we ever need credit card?
To your surprise, you actually need to have A Credit Card these days.
But you do NOT need credit card debt.
As Suze Orman explains.
Duration : 0:3:3
Wondered why do we ever need credit card?
To your surprise, you actually need to have A Credit Card these days.
But you do NOT need credit card debt.
As Suze Orman explains.
Duration : 0:3:3
March 9th, 2010 at 2:09 pm
Hi hops152688, Im …
Hi hops152688, Im so glad…. was begining to think I was the only one who sees things in this light.
Perhaps Im just averse to the words loans and credit!
March 9th, 2010 at 2:09 pm
@gayetri6, thankyou …
@gayetri6, thankyou finally someone sees things like i do. i don’t see any reason to have a credit card in the first place.
March 9th, 2010 at 2:09 pm
Right – like my ( …
Right – like my (interest free) student loan I don’t have to start paying back for at-least another year.
By putting what I would be spending on repayments into a savings account now, by the time I actually have to pay it off I’ve essentially saved £90 over the price I would have paid cash due to the interest earned.
It’s not going to make me rich, but £90 for taking 10 minutes to open a savings account and set up a regular transfer isn’t a bad deal!
March 9th, 2010 at 2:09 pm
Sorry folks, we …
Sorry folks, we have been had, peed on, scammed and lied to.
WallStreet bailouts were rigged and a fraud, market manipulations,
high freqency trading, flash orders, naked short selling by:
Goldman, JPM, Cit, MorgStanley, Aig, stay away from this scum.
The Fed, Comex, ETF’s, Govt data: frauds. Your labor devalued to Zero.
Pull your money out, walk away from your mortgage and CC card debt,
We can beat them at their own game, buy pure silver bullion,
buy local mom and pop. Starve The Beast!
March 9th, 2010 at 2:09 pm
This lady is …
This lady is completely WRONG!!! It is possible to get a home loan with a zero fico score. Lookup Dave Ramsey on here. He will set you strait.
March 9th, 2010 at 2:09 pm
oh sheers she …
oh sheers she jumped on him when he said money is dirty. then she said do you wash money.. haha, classic… seriously there is bad debt but there is also good debt.. it depends on what you do. =P
March 9th, 2010 at 2:09 pm
drug money is dirty
drug money is dirty
March 9th, 2010 at 2:09 pm
i know it works. …
i know it works. i’ve done it a few times now. any time i take out a loan i pay it back very early with the exception of my car loan i got the summer after 9/11 with a 0 percent loan. you just have to make sure there is no prepayment penalty or other such hidden tricks before you agree to the loan
big lenders want you to be broke. they don’t care if they even get the money back since they make the money out of thin air anyways. fiat money is a scam to steel wealth from 99% of population
March 9th, 2010 at 2:09 pm
I dont think that …
I dont think that loan idea is going to work – Im south african I dont know how it works there, but :
1. Youll probably owe a interest the instant you take the loan, whether you pay it back tomorrow or in 5 years. That is just a waste of money!
2. “Undersigning” – as guarantor is the worst thing a person can do for their OWN credit score. Their credit to the amount is reflected as blocked till (IF) YOU payback.
Just get the credit card in your name and not involve other ppl!
March 9th, 2010 at 2:09 pm
she’s a stupid …
she’s a stupid retard. you don’t need a credit card to get fico score. also, she forgets that credit cards are very conveinient. if you want a high fico score you just need to get a loan and pay it off really fast. you can actually get a loan and pay it back the next day with a down payment and a friend or family memeber undersigning for you dude! retarded what she’s saying!!! absolute bullshit talk out of her ass
March 9th, 2010 at 2:09 pm
In answer to that …
In answer to that particular question – she says you need a credit card for everything that you need to have in life like a cellphone etc etc… Basically what you need to have is credit!
So in effect what you really need to have is enough money on you or in savings in a bank to enable you to buy these things.
In which case why would you need to have a credit card. Save up enough (or get the necessary resources) and then purchase the things that you want to.
March 9th, 2010 at 2:09 pm
i do not love money …
i do not love money, i admire it. its ability to provide its possessor the power to persuade a sucker to exchange anything he wants for filthy, stinking pieces of paper(or nothing at all) is almost magical. it’s one of the greatest if not the greatest human invention ever
March 9th, 2010 at 2:09 pm
I love her too! If …
I love her too! If more people would heed Suze’s advice, we might be able to dig ourselves out of this financial disaster we’re in now. Money isn’t dirty… greed is.
March 9th, 2010 at 2:09 pm
I love Suze Orman! …
I love Suze Orman! LOVE HER!