Anyone have any experience or ideas to fix my own credit?

[DJ's left nut]

Originally Posted by Saul Good

If memory serces, that ****tard has a paid-for house.

I'm 32, I have no debt other than my house, and my net worth is growing exponentially faster than it would be if I had debt.

Who, Ramsey? If so, it's off the backs of people that buy that nonsense, primarily people who lack the responsibility to manage their money in a far more effective manner.

If you can get a car at .9%, do it. Do it and don't think twice. Finance it for 5 years if you can. Then take the $30k you saved by borrowing on the car and invest it. Even a nominal return is going to be a hell of a lot better than the .9% you're paying out on the loan.

CoMo was offering a .05% loan over 10 years on any furnaces that qualified for the energy star tax credit. Ours was about to crap itself (and with the basement finished, it was no longer strong enough anyway). Ramsey's 'no credit' approach would have had me me living in a cold house while I save my pennies and end up losing this cheap loan, as well as the federal tax credit.

Why the hell would I do that when I can take the loan out and invest my liquidity in pretty much anything and get a far better return than .05%?

Why pay cash for things when you can invest the money and get an actual return on it that far outstrips your interest payments?

The man has some ideas that aren't all bad, but he overplays his hand and makes it entirely too simple.