Just wondering how much do people owe in credit cards.
Please be honest...
2007-12-08 12:06:06 · 14 answers · asked by Kachakuaz 2 in Business & Finance ➔ Credit
$28,000 Sadly.
2007-12-08 13:44:45 · answer #1 · answered by Budlightgurl 4 · 0⤊ 0⤋
Nothing! I don't believe in using credit cards to make money for those issuing the cards and if you see some of the testimony in front of congress now relative to credit card use and interest fees, you will see that the average person should not have one unless they have money to burn!!
2007-12-08 20:35:54 · answer #2 · answered by Al B 7 · 1⤊ 1⤋
about $20,000 - all at 2-3% fixed and invested at 5-6%... I make about 3% off of the banks money..
I also just got a 0% for 12 months no fee advance of $10,000 that I will put into a 5% CD for 9 months...
I do have to cover the monthly mins (about $400/month) but most of the money is liquid if I need to tap it...
if you would like to see offers where you can do this, go to
http://preferred.ecreditdirectory.com/
make sure and understand the TRUE cost.. understand any transfer fees, etc and make sure you can pay the 2% per month min payment...
2007-12-08 20:27:49 · answer #3 · answered by SMD 2 · 0⤊ 3⤋
I always pay off the credit card every month. The balance for this month is about $1000.
2007-12-08 20:09:28 · answer #4 · answered by David R 3 · 1⤊ 2⤋
ZERO. I shredded my credit cards and closed the accounts when I finally made the decision to manage my finances correctly.
2007-12-08 20:17:25 · answer #5 · answered by Debt Slayer 4 · 4⤊ 1⤋
0.
I don't play the credit card game.
Nor do I obsess with the I love debt score.
All that gets you is more debt.
I pay as i go and live on less than i make.
No payments = cash in the bank.
Debt free is the way to be!
CHACHING!
2007-12-08 20:20:10 · answer #6 · answered by heybulldog 5 · 3⤊ 1⤋
0..
A year ago I owed 10,000. Made a plan and stuck to it. I will never let that happen again, Allah willing...
Peace
2007-12-10 04:52:44 · answer #7 · answered by Anonymous · 0⤊ 0⤋
JUST CARDS
(not including our vehicle, house or loans)
$3200 balance for all of them.
Including recent purchases of flooring etc. for the house.
2007-12-08 22:47:26 · answer #8 · answered by Kari S 3 · 0⤊ 0⤋
i never owe the bank anything.i just pay everything by myself.because i don't wanna the creditor to run after me when i was broken out.
2007-12-08 20:12:19 · answer #9 · answered by xiemouren218 2 · 2⤊ 1⤋
Nothing, Zip, Zilch, Zero. And I plan on keeping it that way.
2007-12-09 02:36:14 · answer #10 · answered by Shelly J 3 · 1⤊ 0⤋