Quote:
Originally Posted by Mark M
Oh ... well, I haven't read tons of your posts, so without a smilie I can never tell who's being smartassed and who's not.
My fault. 
Ouch ... using CCs for basic bills is such a horrific idea, but better than a payday or car title or refund anticipation loan (all of which everyone should avoid -- always).
At this point, you've got the right idea. Get some extra student loan $$ and pay off the CC in full (or as much as you can). You're also smart to cut it up, yet keep it open -- that will increase the amount of credit you have used compared to what you have available and, thus, increase your score.
In the future, even when you get that kickass job (  ) only charge what you can pay in full each month. That will send your score through the roof.
Don't worry -- you've obviously got a lot of life in front of you. Just get the card paid down, watch your spending and make a budget -- even without a job. Heck, it's even more important when you're unemployed to know where every dollar goes, so do that ASAP!
Then, just be smart, use credit wisely, and you'll be all good.
MM
~~ 
P.S. For those wondering, I had horrific credit in college (like 450). I now have a score of 800+. Granted, it's been several years of work on that, but it can be done. |
Thanks a lot again, man!
Yeah, I know I shouldnt use it for basic bills, and I hadnt until this year. That came about because I had a lazy roommate who was at his home in Chicago not turning on the power/gas/water like I was, so I had to use my CC to start all the accounts. So now they all are direct payment due to that, and I cant get his ass to change at least one of them over to his name (he is loaded by the way). I have his parents on my side though, so they may force him to do it because they know he is a lazy slob that I relutantly had to live with to cheapen my rent. Plus side for me is that now that is parents love me his dad said he will get me a great job. He has a ton of connections in everyplace and the mother used to eat at the whitehouse with Nixon because her parents were life long friends of his.... I dont like her quite as much, she seems to socialite-ish too me, but the dad is cool and owned a cheese company for 30 years and just sold it to the french -- If you buy those little cheese wheels in the red bags, I think LeBelle Cheese, that is the one.
They love me because there son up and left his apt. last summer and left all his shit there when he left to work in Milwauke and live with friends there. So being too nice as I always am with friends, I agreed Id help his parents clean out his apt and load it all into a moving truck and then into a storage garage. Once I stopped by his apt. and checked it out (****ing filthy) I called his parents back and told them not to come from Chicago to help me. They are 65+ and did not need to help me move everything out in 100+ heat. Of course I had to do this on the final day of his lease as well, since he hadnt forwarned any of us, and it happened to be 106 that day with the humidity. After a friend helped me get the heavy stuff, I spent 9 more hours straight boxing and packing and moving everything down the stairs and into the moving truck. NO A/C and no help=living hell. Not to mention I have a bad back and had to move out of my 3rd floor apt the following day. Basically, I ended up passing out the next day around 3pm bc I had not slept in 48 hours and was physically exhausted. He owes me huge, of course he has forgot by now, but thankfully his rich ass parents have not! Sorry, way off topic with my rant!