Essential The Locker Room's Random Thoughts

CreepyMcCreeperson

CreepyMcCreeperson

Veteran
Joined
Aug 16, 2017
Messages
33,437
Reputation
7,867
Daps
181,501
I had $94 worth of stuff in my Amazon cart, applied for their credit card, got the instant approval, plus a $60 gift card, which brought my total down to $34.

:mjlit:

I’m paying it off as soon as the statement drops, and never using it again!

:blessed:
 
R

Rawtid

Veteran
Supporter
Joined
Jun 23, 2012
Messages
43,323
Reputation
14,607
Daps
119,413
CreepyMcCreeperson said:
I had $94 worth of stuff in my Amazon cart, applied for their credit card, got the instant approval, plus a $60 gift card, which brought my total down to $34.

:mjlit:

I’m paying it off as soon as the statement drops, and never using it again!

:blessed:
Click to expand...
Lol so you opened up a new line of credit to save $60 one time? Inquiries and utilization impact your overall score. Just be mindful doing that too much.
 
CreepyMcCreeperson

CreepyMcCreeperson

Veteran
Joined
Aug 16, 2017
Messages
33,437
Reputation
7,867
Daps
181,501
Rawtid said:
Lol so you opened up a new line of credit to save $60 one time? Inquiries and utilization impact your overall score.
Click to expand...

That inquiry will only drop one point. And the limit is $2100, so even for that first report, it will be fine.

I used to follow a lot of travel bloggers who recommended the cards for earning miles, and they said to apply for multiple cards on the same day to avoid the inquiries affecting your chance of approval. Credit cards can be useful if you are responsible and pay them off.
 
R

Rawtid

Veteran
Supporter
Joined
Jun 23, 2012
Messages
43,323
Reputation
14,607
Daps
119,413
CreepyMcCreeperson said:
That inquiry will only drop one point. And the limit is $2100, so even for that first report, it will be fine.

I used to follow a lot of travel bloggers who recommended the cards for earning miles, and they said to apply for multiple cards on the same day to avoid the inquiries affecting your chance of approval. Credit cards can be useful if you are responsible and pay them off.
Click to expand...

I completely agree with the bold. I was mainly talking about opening new cards just for one time advantages. Next thing you know its a shyt load of open credit lines with no utilization, that doesn't make sense to me.
 
CreepyMcCreeperson

CreepyMcCreeperson

Veteran
Joined
Aug 16, 2017
Messages
33,437
Reputation
7,867
Daps
181,501
Rawtid said:
I completely agree with the bold. I was mainly talking about opening new cards just for one time advantages. Next thing you know its a shyt load of open credit lines with no utilization, that doesn't make sense to me.
Click to expand...
Yeah I know. I got into that trap in the past opening store cards, which are the WORST
 
Yinny

Yinny

I miss LLC Twitter
Joined
May 10, 2012
Messages
14,929
Reputation
2,592
Daps
37,368
Reppin
Shangri-La
Unsolicited stroke video sender tried to video chat me on ig, I never responded to or accepted his first message
CreepyMcCreeperson said:
I had $94 worth of stuff in my Amazon cart, applied for their credit card, got the instant approval, plus a $60 gift card, which brought my total down to $34.

:mjlit:

I’m paying it off as soon as the statement drops, and never using it again!

:blessed:
Click to expand...

I use it for gas double points and 3% back on Amazon purchases. It's fine.
 
Regine Hunter

Regine Hunter

Captain Fupa
Supporter
Joined
Dec 14, 2013
Messages
15,862
Reputation
6,890
Daps
28,485
i be a smart ass mf when i'm not crippled with sadness :sas1:
got a few jokes on my belt too :sas2:

this has been my more even-keened, stable weeks that I've had in the last few months. Hopefully the waitlist for resources isn't too long. I want my personality to stick around more often
 
Barnett114

Barnett114

Moderator
Staff member
Supporter
Joined
May 14, 2012
Messages
26,835
Reputation
17,467
Daps
188,877
Reppin
Chicago
You must log in or register to reply here.
Top