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credit cards?
TopJimmyCooks:
@PBJ: They look at debt to income and other factors if they're smart, not just credit repositories or Fair Isaac score. Your pinball machine to income ratio may be off!
--- Quote from: Donkbaca on September 27, 2011, 12:09:56 pm ---Credit cards are WAY better than debit cards, in my opinion. First of all, credit cards give you points. Second of all the fraud protection is way more convenient on a credit card. If a credit card gets hacked, they usually will just send you a new card and its no big deal, if a debit card gets hacked, your bank account gets frozen until they sort it all out. I never use my debit card, credit card is the way to go.
--- End quote ---
Going to respectfully disagree with you there. It is much more likely that people will damage themselves by living beyond their means, paying high interest on crap they want but don't need, than it is that they will be victims of ID Theft or fraud. As I mentioned, use a debit card that is a separate account from your primary, with transfers into it as needed. Then, in the highly unlikely event it is cleaned out or frozen, you're not jacked up. and you're not paying principal plus 100% over the life of a loan.
If you use a credit card for fraud prevention, are you paid up or just forking the monthly minimum plus $50? (Rhetorical question)
dextercf:
--- Quote from: SNAAKE on September 27, 2011, 12:22:28 pm ---you need at least one CC for fraud protection and stuff. keep a debit card for emergency but dont use it unless you have to. I dont trust ANYONE with debt cards.
--- End quote ---
This is the about as opposit as you could get, as to how the situation is up here in Norway :D
Everyone uses debit cards, and CC are for online shopping..
Donkbaca:
I have had credit cards and debit cards stolen. Replacing a credit card is MUCH less of a hassle.
Jammin0:
My debit card account gets hacked every once in a while and it is pretty much just as easy to get it taken care of as a credit card. My bank always reverses the charges, sends me a new card in a few working days, I change my online passwords and continue on as normal. Now when my paypal account got hacked, that was a different story. Somehow they froze my bank account and had over $2000 tied up in their system for almost a month. Needless to say I don't like paypal anymore.
TopJimmyCooks:
--- Quote from: Jammin0 on September 27, 2011, 03:13:35 pm ---My debit card account gets hacked every once in a while ....... Now when my paypal account got hacked, ..........
--- End quote ---
--- Quote from: Donkbaca on September 27, 2011, 03:02:12 pm ---I have had credit cards and debit cards stolen. . . . .
--- End quote ---
You guys are sticking your things in the wrong holes.
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