02-02-2012, 01:52 PM
HAULN-SS Wrote:Putting it in bold doesnt make it true. I didnt say anything about credit score, I said building credit. What I am really talking about there is ability to get a loan. If you go into a place and you have a ton of available credit, you are going to have a harder time than if the lending institution thinks you are managing your debt properly, and dont have much room to fuck up.
It being true makes it true. Credit score/history determines your ability to get a loan. While technically carrying a balance can help reduce your risk, you're paying for that in interest. The "room to fuck up" is better controlled by setting a lower limit (free), not by carrying a balance (not-free). IOW, it's a stupid fucking idea and the bold was meant to inform others not to take your advice.
'76 911S | '14 328xi | '17 GTI | In memoriam: '08 848, '85 944
"Here, at last, is the cure for texting while driving. The millions of deaths which occur every year due to the iPhone’s ability to stream the Kim K/Ray-J video in 4G could all be avoided, every last one of them, if the government issued everyone a Seventies 911 and made sure they always left the house five minutes later than they’d wanted to. It would help if it could be made to rain as well. Full attention on the road. Guaranteed." -Jack Baruth
"Here, at last, is the cure for texting while driving. The millions of deaths which occur every year due to the iPhone’s ability to stream the Kim K/Ray-J video in 4G could all be avoided, every last one of them, if the government issued everyone a Seventies 911 and made sure they always left the house five minutes later than they’d wanted to. It would help if it could be made to rain as well. Full attention on the road. Guaranteed." -Jack Baruth