How to build credit

[XXXNoahXXX]

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wtf are you two talking about? He's not talking about signing up for tons and getting free t-shirts, he will be making $$$.

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Yes so? You can make money doing a lot of things. Doesn't make it any less pathetic.

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You said "whatever free stuff you get" which implies a fundamental misunderstanding of what he was considering and how it works.

I'm sorry that you're "above" interest free loans. How pathetic.

[Henry17]

It isn't just me. When this topic was discussed before I actually brought it up to get some opinions from my friends and they agreed. Pathetic might not have been the best choice of words but it is certainly bottom feeder behaviour. To get involved in all this for an extra $6k a year isn't worth it.

[XXXNoahXXX]

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To get involved in all this for an extra $6k a year isn't worth it.

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Henry,

Lets just agree that you hate money.

[Big TR]

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It isn't just me. When this topic was discussed before I actually brought it up to get some opinions from my friends and they agreed. Pathetic might not have been the best choice of words but it is certainly bottom feeder behaviour. To get involved in all this for an extra $6k a year isn't worth it.

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We are glad you and your friends do not wish to make thousands of dollars in risk free money each year. You guys are obviously too baller for this forum.

[Ron Burgundy]

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It isn't just me. When this topic was discussed before I actually brought it up to get some opinions from my friends and they agreed. Pathetic might not have been the best choice of words but it is certainly bottom feeder behaviour. To get involved in all this for an extra $6k a year isn't worth it.

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Well excuse me, Mr. Gates, but us commoners in the 15% tax bracket consider $6K to be well worth a little effort. If you're so filthy rich and can't be bothered to make an extra $6K a year, then why did you bother to spend your precious valuable time responding to this thread?

[Henry17]

It isn't the effort that I have an issue with. It is that even though legal in a strict sense it is nevertheless sketchy and embarrassing behaviour.

Also the problem with these schemes is that the higher your income the more you can make. The higher your income though the less likely you are to want to get involved in this [censored]. So really most of the people doing stuff like this make closer to $3-4k.

Still even at $6k that works out to a whole big $16/day. You are telling me for $16/day it is worth it?

[emon87]

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It isn't the effort that I have an issue with. It is that even though legal in a strict sense it is nevertheless sketchy and embarrassing behaviour.

Also the problem with these schemes is that the higher your income the more you can make. The higher your income though the less likely you are to want to get involved in this [censored]. So really most of the people doing stuff like this make closer to $3-4k.

Still even at $6k that works out to a whole big $16/day. You are telling me for $16/day it is worth it?

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You're an idiot. Why are you so opposed to this? It isn't bottom feeder behavior, wtf. I don't even know what to say you're spouting such garbage

[Henry17]

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Why are you so opposed to this?

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Because it is sketchy.

[Brad1970]

I don't if I'd consider it "sketchy" or not since you are beating the credit card companies at their own game. They wouldn't hesitate to do it to you. That being said, the risk vs reward for most people is way too high. Other things take priority in their lives rather than keeping a legal scam going. Because if you drop the ball, this whole thing will come down around you like a house of cards. IMO, it's just not good business.

[Cubswin]

You want to talk about being sketchy?

Teaser rates
Exorbitant late fees
Annual fees
Double cycle billing
Foreign transaction fees
Cash advance fees
Balance transfer fees
Rate hiking
Rolling back posting times to increase late payments
Universal default
Trailing interest
Unfair payment allotment

Call me sketchy if you may, but me applying for credit cards I don't intend to kept long-term makes me a saint compared to the stuff the credit card companies pull. I'm proud to be a credit card whore and would like to personally thank Visa, Master Card and AMEX for paying for the flights and hotel room for my forthcoming honeymoon, my living room furniture, my sweet harmony remote and a trip to Argentina next year.