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how much credit card debt?

  • I don't have any credit cards

    Votes: 14 9.2%
  • I have them but don't owe anything

    Votes: 32 20.9%
  • less than $500

    Votes: 12 7.8%
  • $500-$1000

    Votes: 12 7.8%
  • $1-2k

    Votes: 16 10.5%
  • $2-3k

    Votes: 6 3.9%
  • $3k-5k

    Votes: 12 7.8%
  • $5k-10k

    Votes: 29 19.0%
  • more than 10k

    Votes: 20 13.1%
1 - 20 of 96 Posts

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Discussion Starter · #1 ·
I know it's been done before, just curious where everyones at. I hear lots of people have several thousand in credit card debt :eek

I'm up to about $900 now but that's just from buying my damper, PC IIIr, and Graves velocity stacks. I'll pay it down pretty quick like I usually do, hopefully. :rant :rant
 

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I'm so vain, I probably think this song is about m
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0$
 

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Zero balance each month. The only way to go. :D

Now......if you ask how much I SPEND on credit cards each month, that's a whole other issue. :shake
 

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5 to 10 grand. :( Sucks, but I got a lot of toys. :D The low interest is too hard not to borrow. I have some at 1.9%, the highest is 11.9%.
 

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Discussion Starter · #6 ·
RoadRashed said:
Zero balance each month. The only way to go. :D

Now......if you ask how much I SPEND on credit cards each month, that's a whole other issue. :shake
I have heard that it is better to pay them off over a short period of time (couple months) rather than pay every month. I mean I know you pay untruest but I mean for your credit rating. I don't know how true this is though.
 

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If you also include Store CC's (such as furntire stores and such) WAY too much! hahahahahah

Oh well...I do have nice stuff! :D
 

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Discussion Starter · #8 ·
I think my interest rate is 7.9, is that good? I'm 21 have had a couple car loans and motorcycle too. no late payments. should I try a diff. card?
 

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I may not know much or retain much information, but my parents have pretty much burned into my mind that you pay off CC balances every month in their entirety.
 

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Discussion Starter · #14 ·
Rezin said:
I owe $400 for a new exhaust on the American Express. That's it.............
well damn what kind did you get? I liked that Micron you had seeing pics of your bike is what made me get that pipe when I had my R6 :D
 

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stanger92 said:
well damn what kind did you get? I liked that Micron you had seeing pics of your bike is what made me get that pipe when I had my R6 :D
Flowmaster Stainless for my Jetta ;)
 

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6,000.00 but I will have that paid off the end of the month. C.C.'s are the worst thing you can get as a kid. I got mine when I was 19 and promptly charged $12,000.:shake I learned after taking the better part of 2yrs to pay it off. Now the only reason I even use them is to get miles and build credit :thumb
 

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Discussion Starter · #17 ·
NYSteve said:
6,000.00 but I will have that paid off the end of the month. C.C.'s are the worst thing you can get as a kid. I got mine when I was 19 and promptly charged $12,000.:shake I learned after taking the better part of 2yrs to pay it off. Now the only reason I even use them is to get miles and build credit :thumb
i've had mine for over 3 years now and haven't ever went over 1k. have had it charged up and paid off several times :shrug
 

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Mama's Little Joey
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With my wife's new PDA thingy that added $400, I think we're down around $900 or so. I try to keep a reallistic balance on them. I learned that having a 0 balance isn't always the best when it comes to credit rating, but I'm stiff confused on that one.

Both vehicles are paid for and the bike is mine. I like not having any debt on vehicles, just in case something happens to one of them.
 
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