Thread 514220551

and got this message. why the fuck would I want more debt? the system is so fucking kiked

>y-you might use your credit cards more goy. get another car loan asap goy!

>>514220551 (OP)
based and usury pilled

Eh, the system is designed to swindle stupid goys with promises of cashback and bonuses from using the credit card.
You could jew the system by using the credit card responsibly, not spending more than you would have from your debit card and paying back before the interest-free period is over.
I do that, and I have much more money saved than the average burger.

>>514220551 (OP)
That's what evil looks like.

>>514220757
i pay off the CC every week to pwn the heebs.

>>514220551 (OP)
Kek

>>514220757
apparently, only 1% of card users are like this

>>514220757
It really is that easy. Just set up auto pay and you get free flights and nice loan options.

>>514220551 (OP)
you are really buttblasted over a generic, and somewhat incorrect, alert email that you signed up for

>>514220820
based
>>514221008
Indeed, general populace is retarded and cannot be trusted with using such tools.
And this is exactly why they are allowed to.
>>514221056
It's good not to be retarded.

>>514221109
seethe kike

>w-what are you doing goy? it's above the minimum. ABOVE THE MINIMUM OOOOY GEVALT WHY ARE DO YOU PERSECUTE ME SO?!

>>514220551 (OP)
Looks like its just a shitty notification system. Its structured as a notification mainly for shutting down credit cards. Its designed to be helpful, because closing credit card accounts will in fact lower your credit score
>Inb4 rabbi shekelstein is scamming you into having a credit card
To some extent, but mostly its because your credit score counts how much credit you have access to and are using. Someone who maxes out their credit cards is obviously a bigger risk than someone who doesn't. Closing credit accounts means you have access to less credit therefore your same spending will use up more of the limit.

>>514221396
>>514221396
someone with less debt overall relative to their income is a better credit risk and could theoretically service more debt (which I won't, get fucked hooknoses)

>>514220757
>You could jew the system by using the credit card
Lmao anon. You just don't get it and I'm too sleepy to explain.

>>514221498
Congratulations anon! You have an ESL child's reading comprehension.

They aren’t saying you might use your credit more. They’re saying that your total available credit will decrease since this account no longer exists, so your normal monthly spending could amount to a higher percentage of credit utilized, and that can hurt your score. So they’re warning you and suggesting that if this might be a problem you could add an extra credit card to increase the total credit limit back to what it was with the car loan account still existing.

>>514221297
can't have the principal go down without interest goy

>>514220551 (OP)
>credit score temp goes down after paying off loan in full
No shit. So many zoomers here, heartening to see in a way.

>>514221396
This. Requiring financial training was part of a settlement with credit cards years ago. The two factors mentioned which effect your credit score are closing your oldest account, and percentage of debt used. If you have a $10k limit on a card and you only have $100 on it, your credit score will be higher than if you have $9,000 on it. If you have a card with $0 balance you haven’t used in 10 years and they close it due to inactivity, your credit score will go down because your oldest account has closed and because your percentage of credit used will go up (because that open line of credit no longer exists).

>>514221586
he's only wrong in the sense that it's not just interest income they make shekels off. they learn your patterns (where, when, and what you spend shekels on) and can sell that data.
Overall though, if everyone paid their card(s) off every month, it would hurt them.
>>514221631
no i get you my heeb. I'm just pointing out it's a stupid statement and just another angle of trying to (((get you to use more debt)))
>b-but your total overall available credit goy! aren't you worried?! here, take another high interest credit card or three...for your own sake!
see? this is how stupid you sound.

>>514220757
>cashback and bonuses from using the credit card.
If you don't take advantage of this you're an idiot. I haven't paid for weekly groceries in full in like four years.

>>514221586
>you are wrong
>no argument is made
Ok?
Good night, I guess.
>>514221803
they learn your patterns and can sell that data
Good point, though everyone is encouraged, and will be forced to go cashless anyway.

>>514221803
I have 2 credit cards. I have never paid a penny of interest, because I always pay off the principal every month. Caring about the interest rate of credit cards is a skill issue. Do people really not understand this?

>>514220757
I do that and its paid for a vacation

>>514221297
I just hate them so much

>>514220757
But I, too, do that.

>>514221297
I’d say that warning is more for fat finger tards that accidentally add an extra zero and then spaz on the help line trying to get their money back.

>>514221993
>forced to go cashless
which is why we need to continue to make a stink and raise the alarm and throw a wrench in their plans.

>>514221993
>you can beat the jews by successfully playing the game they set up
I'm just too tired to deal with you.

>>514222041
>bb doesn't know about 0% balance transfers
U can use the cashback from ur rewards card to cover cost to transfer so it costs nothing in the end and you can then carry the balance for a year ez hehe

>>514222154
Well yeah, you either beat them at their game or not play at all.
Both require that everyone does it, and we won't have that, so you might as well take advantage of what you can.

Here’s a basic toy example. Say I have 3 credit cards. They all have a $10,000 limit. I got 1 of them 10 years ago, one 5 years ago and one 2 years ago. Normally I pay off my cards every month, but at any given time I normally have about $3000 total debt on the cards. So I’m using 10% of my debt limit of $30,000 total at that time. Percentage of credit used is one of the metrics that goes into credit score. Average age of credit is too. So with those three cards, my average account age is 5.66 years and my credit utilization typically if I have $3000 outstanding on my cards most of the time is 10%. So if I were to close the 10 year old account like your car loan account has just been closed, now the average age would drop to 3.5 instead of 5.66 because the 10 year old account is no longer part of the average. And then even if I still spend $3000 a month on credit cards, since the total limit is now $20,000 instead of $30,000, the credit utilization percentage will be 15% instead of 10%. So both metrics got worse by removing the account. You’d be better off just keeping that card and never using it. So these messages are just a courtesy from the lender to remind you that scenarios like this are possible when accounts close, depending on the specific numbers, so this way you know to be on the look out or take steps to counter those possibilities. And btw the reason it’s like that is just because those are two of the numeric values that are used to calculate credit scores and that just how the math worlds. This lender didn’t do anything wrong specifically to you. If something is wrong then it’s the design of credit scores.

>>514222041
same argument goes for a car loan
people obsess on the rate not factoring
in that becoming mobile to earn
money has value in and of itself
whose cost could be mitigated by
sinply paying the loan off early
before interest accumulates too much

>>514220551 (OP)

lol that fucking language.

>>514222410
>paying early, paying less interest, and having equity
highly antisemitic

>>514222407
>If something is wrong then it’s the design of credit scores.
thank you for finally understanding the thread.
everybody already understands how total percentage of available credit used and age of accounts factors into goy score.
what we're saying is those metrics are still a scam designed to trap you in more debt for kikels

>>514221803
heh i get a new card every few months - why? because they offer typically about 10-20% additional cash back for spending X amount - this is on top of the cash back rewards.

I use it for my normal spending habits and pay off the balance.

they really don't make much from me lol

I have over $100k in credit available with about 2% usage

>>514220551 (OP)
Did some nuclear work (power) in USA. was security checked by FBI and DHS.
Asked for credit score - doesn't exist in most EU countries, Had to get Bank of France to confirm.
They relented - completed mission.
Went home (you're food is complete shite and you're women are fat)

Just saying.

>>514222589
>(you're food is complete shite and you're women are fat)
all by design

>>514220757
Yea but i just reported this message to whatever the name of your “not-KGB” goon squad is for antisemitism, stand by for arrest

>>514222721
>id lejew
kek

>>514220757
>You could jew the system by using the credit card responsibly
Even if you do that, you are still helping the kikes pump (and eventually dump) the economy with money that doesn't exist, so in the end of the day it still helps them achieve their goals.

>>514222337
>beat them at their game
So tiresome.

>>514222721
Sure - goy cattle-boy.

>>514222791
They'll never understand.

>>514222786
kek ID's are never wrong

>>514222695
>all by design
explain please? To make you fat and not breed?

>>514220551 (OP)
america is cooked lmao

always insane when i read about people with 6 digit salaries complaining about debt.

seems as though you can't progress in the US without having certain expensive things, which require you to take out loans at an early stage.

>>514222937
yes. exactly. helps destroy the family and family creation

>>514222786
well it's the only country they've not been kicked-out of... yet

Land of the Free

>>514222987
>can't progress in the US without having certain expensive things, which require you to take out loans at an early stage.
that's why king nigger federalized student loans effectively guaranteeing them with the government and taking them off the banks balance sheets. this caused a surge in loans created which then pushes up price of liberal college propaganda brainwashing thus requiring more debt thus pushing the price up further and so on.
Same thing going on with autos. Once they can't push up the price any further, the insurance jew will be activated and premiums will start surging because of global heating or winter vagina or something.

>>514220551 (OP)
They need you to take on more debt because it's the only leverage they have in order to use and issue more money into the economy without creating an economic explosion.

>>514221008

It's hard out here... most people don't have financial literacy, and there's so many scams and stuff. I had to let all my cards lapse years ago because I was broke and had a kid... not losing the house trumped having some retards wanting 30% interest taking my money.

I'm doing better now, but fuck... even now.. I'm currently dealing w\ a card that just keeps going up. I balance transferred it previously, PAID THE TRANSFER OFF... so that card is 0... but the fucking card ( im a tard) that i xferred is back up to 4-5k. SO I'm about to xfer it to another card for 0% over 18mo and pay it down. My score is around 800, btw.

Edit : To follow up on this post... I just balance xferred nearly $5000 and it took me less than 5 minutes. I intend to pay it off in the 18mo 0% period, and hoping to zero out all accounts.

>>514223155
I noticed that the US citizens I worked with were all up to their eyeballs in debt. Not just mortgages, but tuition and stupid big cars, boats, quads.. just bullshit man toys.
Every single one of them.

>>514220757
This. Don't use what you would normally use, and pay off the whole balance every month.
You'll keep the banking system operational, true, but you can get perks for being a responsible adult.

>>514223351
>cars, boats, quads
that's how goys cope with their enslavement.
"that's just how the system works fellow amerigoy!" is what they say.
They also never notice that the reason the average mortgage is 30 years is because that's the average working life span of the average goy slave. can't have the fruit of the goyims labor going to the goyim now, can we?

>>514220551 (OP)
Pro tip retard. Your credit score only matters if you intend to hold credit. If you're just going to pay things off ahead of time why do you care what the magic number says?

>>514223085
Land of The Fee, more like
hurr hurr
>>514222791
You are already playing into their hand by using the financial system

>>514222154
>>514221586
>>514222810
Faggot , you need to provide counter arguments and not just sperging.
There are some autist level adults here who made it and beat the jew in their game.

>>514223703
>1/2

>>514223546
I don't do debt.
I own my house - not large, comfortable.
Last 1 month mission paid for my new car in cash - average car.
I'm doing ok.

>>514223812
>2/2
input sources they control

>>514223351
If these products are domestically made, it's not really a problem.

If they're buying chinkshit and jeetify.com subscriptions, though, then it's just wealth transfer.

I judge nations on
>how they balance the books with capital inflows and outflows.
>the general quality of hobbies people have

A nation which helps its citizens fuck around on boats and quads is incredibly based. However, if this comes at the cost of selling out your children with no jobs on the table, its jewish middelmen at work.

>>514223735
You don't beat the jew by becoming one.

>>514223899
Didn't notice the origin. I guess the trucks were USA made.
Nice people to work with ( but their coffee.. where to start )

>>514220551 (OP)
One pf the best feelings in the world is the silent seething of the salesmans when you just want the most basic car and pay it off on the spot

>>514224151
using the jews tricks on him or subverting the trick is based and pro-goyim.

>>514220551 (OP)
Dogshit thread
Dogshit OP
Dogshit bait.
They are simply warning you that it will affect your credit score potentially. They aren't aware that it was a loan or a credit card, etc. That's why they give the reopen suggestion.
Jesus christ you people are dumber than a sack of bricks.

>>514224446
>t.

>>514223351
consoomerism and living beyond your means is endlessly pushed on the population here. that, plus near zero financial literacy taught in schools means much of the population gets saturated with debt.
basically our country has been min-maxed for financial output at the cost of all else.

>>514224446
t. seething hooknose who didn't read the thread
typical

>>514224517
but you (in USA) can go bankrupt - once (not for college debt)
That is very hard to do here.

>>514225065
You're right, i'm not reading this dogshit thread because OP is illiterate and doesn't understand how credit reports work and thinks they are trying to swindle him into another loan

>>514220757
I hate to say it, but this Russian is correct.

>>514220551 (OP)
That's just how credit scores work. Your number of accounts is going down, your average account age is going down, your amount of different types of credit are going down.
Therefore your credit score will go down.

>>514220551 (OP)
It’s antisemitic to not have debt anon.

>>514225239
thank you for proving your stupidity further j*w

>>514225306
we got a live goy right here fellas
>that's just how it works fellow midwits!
>thinking stops after this statement

>>514220551 (OP)
think of your credit score goy!

>>514220551 (OP)
goog goy points going down? unacceptable

>>514225429
>think of your credit score goy!
I don't know why you're laughing - you have this BS credit score thing too!

I have one of the best goy scores in my district of the economic zone!

>>514225418
Why do you give a fuck anyways? Credit score only matters if you are trying to borrow more.
The real goy is (You)

>>514220757
I've only used debit cards
how does that work? You go into debt on a credit card and just pay it off before they count in the interest? seems like a goyim humiliation game, but I'm willing to participate to jew the jew.

>>514220757
That's how I do it. I have a Michael's store credit card, for example. So many people were bitching about that card and calling it terrible. With this card, I...
>get 9% to spend in the store
>regularly get 30%/40% off offers for my entire purchases
>get random gift certificates
So why is this card so bad? I save a fuckton of money with it. Everybody online says it's so bad "bEcAuSe dUh iNtErEsT." Just pay your card off each month you goddamn mongoloids, yeesh. I have several cards I do this with. I don't know why paying off a balance each month is so difficult for people. If you know money is going to be tight, plan ahead and charge less.

>>514225897
>w-why do you even care goy!? STOP NOOTICING!

>>514225911
>Monthly statement posts
>You pay it entirely
Simple as.
It's less of a thing in Europe desu.
But we have cards that give 2% back or 5% back or whatever, and that cash back is literally free money

>>514225911
Yes. If you pay off your balance monthly you accrue no interest. So it's literally free money if the cards offer cashback on purchases.

>>514220551 (OP)
trying to scare people to stay in debt, fucking amazing find anon, hope much jewish blood runs through the streets of the Levant

>>514223339
kek you're cooked

>>514220757
I'm sure you save all $30 rubles you make each week. Good for you. You must have quite the savings account there, lil' guy.

>>514226028
>>514226041
ok, thanks guys

>>514226000
>NOOO MY GOY POINTS! I'm gonna whine on r/pol like a little bitch

>>514225911
depends on the bank/country, but I get "bonus points", "bonus miles" and so on for using the credit card. These can generally be used to "cancel out" certain kinds of transactions.
Yeah, I monitor my spending, making sure it doesn't go above my budget and pay the debt back before interest would be accrued.

>>514225794
I'm sure I do have a credit score somewhere on some kike's computer, however I don't take loans and I don't have debt, so I don't care.

>>514226119
yeah sure
I have about 60k USD saved

>>514222262
why would you not just pay the denbt instead of transferring it?

>>514226152
I use Revolut and there's 1% cashback there, in the terms for a credit card. I didn't go into it, but maybe it's not a bad idea. I don't spend much though

>>514220551 (OP)
Smart move, I’m buying a slightly used Audi Q5 in cash for $35k next week, not interested in dealing with the finance Jew any longer.

>>514226115
ALL THE LEAFS ARE BROWN

>>514220551 (OP)
>taking a loan on a depreciating capital expense

>>514220757
this is how it's done

>>514226477
>bought used car with vast majority of deprecation having already happened.
>2% interest rate because of my good goy score
>invested my own capital returning much higher rate than 2%
out jew the jew zoomy.

>>514223155
>premiums will start surging
where you been?

>>514226586
>zoomy
I'm an X'er and I've owned and driven cars since I was 16 (before you were born) and I've never paid one car payment in my life.

>>514226655
on 2% interest rate it's not a a bad idea to take a loan instead and invest the capital into the market.

>>514226855
notice how he conveniently ignores that?

I am 27 and I have never held a credit card.

>>514226941
yeah, but 2% interest rate is really unusual

>>514220551 (OP)
The notice is about your credit score, Anon. They are using a credit hit as a reason to try to convince you to keep the account open. If most of your other credit accounts are older than this one, then their second point doesn't apply. I wouldn't worry about their first point because of you are responsible, other cards will raise your limit automatically. In other words, unless this is an old account where you can benefit from taking a low interest balance transfer from a newer account, then you can just ignore it. I highly recommend using repeated balance transfers to lower your monthly interest though. Many of them are zero interest for 12 months or something like that.

>>514227121
not with a 750+ good goy score for a small used car loan.

The original credit scores were worse: it literally depended on who could vouch for you. The current system is still wacky, but it's a small improvement

>>514226970
39 here

>>514227199
>small used car loan.
then not worth the hassle with stock market
unless by small you mean like 10-20k, then definitely - a good move

>>514220551 (OP)
>why the fuck would I want more debt?
If you don't improve your debt to income ratio (by taking on more debt) the jews will charge you more for health insurance, car insurance and homeowners insurance. If you have no credit history they will charge you the maximum amount allowed by statute because ironically because a lack of credit history can be seen as a higher risk. (Even though in reality having no credit history means you are among the most fiscally responsible.)

>>514220757
Yup

>>514221586
Shut up fag

>>514220551 (OP)
>and got this message. why the fuck would I want more debt? the system is so fucking kiked
They're telling you to open another credit card to compensate for closing the loan, stupid.

>>514226855
>>514226941
>>514227121
>>514227199
keep jerking each other off faggots. Did you actually invest it? Are you old enough to know markets also can go down? Carrying a note also means you have to buy comprehensive insurance, are you accounting for that? Of course not, just mouthing off because you've never seen anything but this fake market and fake economy

>>514221297
Anon gif related is you versus entrenched usury.
Now be sure to drop a satchel charge in there so the moneylenders can't come back and tempt you with debt slavery.

>>514220551 (OP)
I paid cash for my latest car and the dealer was freaking out trying to convince me to take a loan for no reason. Don't care, don't want to deal with that shit

>>514220551 (OP)
Leaf here. Only been in the country around a year. Paid off my car loan recently. Look what it did to my score. This is hilarious.

>>514228046
Woke right doing woke right things

>>514228227
kek the boomxer is mad. don't stroke out now. btw most of this website is millennials. we graduated right into 2008. we know what bear markets are goy

>>514228827
you antisemitic scum bag. reported to adl for re-education

>>514228227
markets went down like 50% in April
yet I'm over 50% up for the last year. I would dare to say I know how to invest. Or I'm incredibly lucky.

"prole" has been conflated with "goy"

"bourgeoisie" has been conflated with "jew"

to make right wing socialist look like ignorant bigots

>>514224341
You're not using their tricks on them by using the system they set up.

>>514222119
I took out a first year zero interest loan intending to pay it back within that year and got physical letters in the mail telling me to stop paying that I was caught up haha god i hate them