Zero Credit You're Screwed

[quote]IrishSteel wrote:
Varqanir wrote:
IrishSteel, are you sure that you’re not really a six-foot-six inch, 242-pound math teacher and taekwon-do practitioner from Ohio who worships Ayn Rand and enjoys kicking people in the head?

Nope - sorry, just a five-foot-seven-insh, 200-pounder from VA who worships Ayn Rand and LOVES kicking people in the head . . . must be my Napoleon complex . . . lol

Who were you describing anyway - sounds familiar . . .[/quote]

Friend of mine named Headhunter. Your writing style and political philosophy are practically identical to his. It’s kind of creepy sometimes.

[quote]Varqanir wrote:
IrishSteel wrote:
Varqanir wrote:
IrishSteel, are you sure that you’re not really a six-foot-six inch, 242-pound math teacher and taekwon-do practitioner from Ohio who worships Ayn Rand and enjoys kicking people in the head?

Nope - sorry, just a five-foot-seven-insh, 200-pounder from VA who worships Ayn Rand and LOVES kicking people in the head . . . must be my Napoleon complex . . . lol

Who were you describing anyway - sounds familiar . . .

Friend of mine named Headhunter. Your writing style and political philosophy are practically identical to his. It’s kind of creepy sometimes.
[/quote]

Not sure if I should laugh or run for cover.

Blame the jews who own the banks. They want everyone to be indebted to them so they can continue to control and dominate. They control the country’s money. The Federal Reserve is a jewish controlled bank, not a government controlled bank as the name suggests.

And do you know what the Federal Reserve does with its old money…its burns it! Thats right, throws it to the incinerator to keep you and me poor. My mother used to work for the Federal Reserve and has first hand knowledge of it.

[quote]clip11 wrote:
Blame the jews who own the banks. They want everyone to be indebted to them so they can continue to control and dominate. They control the country’s money. The Federal Reserve is a jewish controlled bank, not a government controlled bank as the name suggests.

And do you know what the Federal Reserve does with its old money…its burns it! Thats right, throws it to the incinerator to keep you and me poor. My mother used to work for the Federal Reserve and has first hand knowledge of it.[/quote]

You do realize that whenever the FED actually destroys money it makes you and me richer?

You is stupid troll.

Or maybe hunger made troll stupid.

So there.

I’m in a similar boat. I just applied for my first secured credit card at the age of 37.

My credit score is so-so from having utilities in my name for years, but never used credit or loans, allways paid cash.

Now I want to buy a house but can’t get a loan. It will take a while, and I don’t like it, but it seems like a necessary evil simce I don’t have a couple of hundred thousand on hand.

[quote]orion wrote:
clip11 wrote:
Blame the jews who own the banks. They want everyone to be indebted to them so they can continue to control and dominate. They control the country’s money. The Federal Reserve is a jewish controlled bank, not a government controlled bank as the name suggests.

And do you know what the Federal Reserve does with its old money…its burns it! Thats right, throws it to the incinerator to keep you and me poor. My mother used to work for the Federal Reserve and has first hand knowledge of it.

You do realize that whenever the FED actually destroys money it makes you and me richer?

You is stupid troll.

Or maybe hunger made troll stupid.

So there.
[/quote]

How rich are you? Turn on the tv and watch the news, how rich is anybody?

[quote]clip11 wrote:
orion wrote:
clip11 wrote:
Blame the jews who own the banks. They want everyone to be indebted to them so they can continue to control and dominate. They control the country’s money. The Federal Reserve is a jewish controlled bank, not a government controlled bank as the name suggests.

And do you know what the Federal Reserve does with its old money…its burns it! Thats right, throws it to the incinerator to keep you and me poor. My mother used to work for the Federal Reserve and has first hand knowledge of it.

You do realize that whenever the FED actually destroys money it makes you and me richer?

You is stupid troll.

Or maybe hunger made troll stupid.

So there.

How rich are you? Turn on the tv and watch the news, how rich is anybody?

[/quote]

You should know by now that only people 2 pay grades above you are rich, whatever that pay grade is-

YOu should also know that the only way to get rich in a free market is to serve others and make the even richer.

And when the Fed destroys money every dime in your pocket is worth more.

If you don’t have a credit card, the terrorists will win. Is that what you want?

[quote]clip11 wrote:
orion wrote:
clip11 wrote:
Blame the jews who own the banks. They want everyone to be indebted to them so they can continue to control and dominate. They control the country’s money. The Federal Reserve is a jewish controlled bank, not a government controlled bank as the name suggests.

And do you know what the Federal Reserve does with its old money…its burns it! Thats right, throws it to the incinerator to keep you and me poor. My mother used to work for the Federal Reserve and has first hand knowledge of it.

You do realize that whenever the FED actually destroys money it makes you and me richer?

You is stupid troll.

Or maybe hunger made troll stupid.

So there.

How rich are you? Turn on the tv and watch the news, how rich is anybody?

[/quote]

Everybody here on T-Nation use $100 bills for toilet paper

[quote]pittbulll wrote:
clip11 wrote:
orion wrote:
clip11 wrote:
Blame the jews who own the banks. They want everyone to be indebted to them so they can continue to control and dominate. They control the country’s money. The Federal Reserve is a jewish controlled bank, not a government controlled bank as the name suggests.

And do you know what the Federal Reserve does with its old money…its burns it! Thats right, throws it to the incinerator to keep you and me poor. My mother used to work for the Federal Reserve and has first hand knowledge of it.

You do realize that whenever the FED actually destroys money it makes you and me richer?

You is stupid troll.

Or maybe hunger made troll stupid.

So there.

How rich are you? Turn on the tv and watch the news, how rich is anybody?

Everybody here on T-Nation use $100 bills for toilet paper
[/quote]

Damnit, so that’s why all my money has come up missing…

[quote]lixy wrote:
If you don’t have a credit card, the terrorists will win. Is that what you want?[/quote]

One man’s terrorist is another man’s freedom fighter.

[quote]SkyzykS wrote:
I’m in a similar boat. I just applied for my first secured credit card at the age of 37.

My credit score is so-so from having utilities in my name for years, but never used credit or loans, allways paid cash.

Now I want to buy a house but can’t get a loan. It will take a while, and I don’t like it, but it seems like a necessary evil simce I don’t have a couple of hundred thousand on hand.
[/quote]

It’s that double edged sword. If you use it properly it will savw your life. If you miss use it, it will distory your life. Good luck with that, wisdom comes with age which gives you the edge.

I watched to many friends end up in financial nightmares due to credit at a young age. I would have to but with logging and fishing when I was younger I never had the need for credit or financial loans. Now being single I still have no need for it. Once the kid is finished with college I’ll have a Harley within three years and a perma smile on my face!

[quote]orion wrote:
clip11 wrote:
orion wrote:
clip11 wrote:
Blame the jews who own the banks. They want everyone to be indebted to them so they can continue to control and dominate. They control the country’s money. The Federal Reserve is a jewish controlled bank, not a government controlled bank as the name suggests.

And do you know what the Federal Reserve does with its old money…its burns it! Thats right, throws it to the incinerator to keep you and me poor. My mother used to work for the Federal Reserve and has first hand knowledge of it.

You do realize that whenever the FED actually destroys money it makes you and me richer?

You is stupid troll.

Or maybe hunger made troll stupid.

So there.

How rich are you? Turn on the tv and watch the news, how rich is anybody?

You should know by now that only people 2 pay grades above you are rich, whatever that pay grade is-

YOu should also know that the only way to get rich in a free market is to serve others and make the even richer.

And when the Fed destroys money every dime in your pocket is worth more.[/quote]

Maybe thats how it is on paper, but if they really want to help me they can slide some of that money my way instead of burning it.

[quote]streamline wrote:

The world has come to an end when being debt free is a very bad thing. The world is falling apart because of debt and I’m treated like some kind of freak for not taking part in it’s demise. I’m not sure if I should laugh or cry. What a messed up world we live in![/quote]

I feel your pain. To the shitter this world is going when we penalize the honest and allow monetary “rules” to take precedence over COMMON SENSE.

[quote]Varqanir wrote:

Myself, I don’t have a credit card, a credit history, or (recently, anyway) even a bank account.

Hasn’t been a major inconvenience so far.[/quote]

Two thumbs up.

[quote]streamline wrote:

Personally I’m not a materialistic person. Everything I need or want I can easily save up for.[/quote]

Good man. Your daughter will have to “play the game” to some extent as you have stated, but you keep up your own game, mate. Im all for it and live a similar lifestyle. I wouldnt have it any other way <grinnin`>

[quote]Cowboy_69 wrote:
streamline wrote:

Personally I’m not a materialistic person. Everything I need or want I can easily save up for.

Good man. Your daughter will have to “play the game” to some extent as you have stated, but you keep up your own game, mate. Im all for it and live a similar lifestyle. I wouldnt have it any other way <grinnin`>[/quote]

The crazy thing is, like working out people just don’t get it. They hear what they want to hear. With all the stats out there you never hear about how many lifes have gone down the toilet because students bought into the credit card scam in their first year of college or university.

Student loans, credit card debt what a way to start off. Grab the first job you can because you have no choice. That’s not freedom, that’s slavery. I give two thumbs up to those who were/are smart enough to use the system to their advantage. The rest are just cattle to the slaughter hoping to someday see the light at the end of the tunnel. Personally I wake up to sunshine every single day.

The really great thing is I don’t have to take any crap from my boss and he knows it. Makes life sweet and working for a living a lot easier to tolerate. At least the life style that I prefer. Again like working out it’s not everyones cup of tea.

[quote]streamline wrote:
Mhatch wrote:
You should NOT have to but it is not difficult to have a credit card and pay it off each month. Just saying.

I totally agree. The problem now is who would give me a credit card, at 50 without a credit rating. Not that I want one. I get by quite well without one. Fact this is the first time I’ve run into difficultly for not having one. There are other problems that occur when one doesn’t have a credit card.

Booking vactions (I don’t travel, I camp & backpack), renting videos (I know an owner), large purchases (I save up), buying a car (I bike & have company vehicle), buy a house (I rent). There are most likely many more I am unaware of. I’m thinking I should put my lawyer friend on retainer, I may be needing his services in the future. I smell a lawsuit coming up (I hope not but if push comes to shove).

I’m just having a difficult time trying to understand where the world is headed. Freedom is going out the window. Credit cards are a way for the corporate world and the government to know everything there is to know about you. I don’t plan no letting Big Brother into my life anymore than he is. Which is now becoming much more difficult, it’s a sad state on affairs.[/quote]

If you have a debit card then your bank should be able to offer you an overdraught facility. Once you have that you have a credit history. Also a cell phone should give you a credit history? Do you only use prepaid?

[quote]streamline wrote:
Cowboy_69 wrote:
streamline wrote:

Personally I’m not a materialistic person. Everything I need or want I can easily save up for.

Good man. Your daughter will have to “play the game” to some extent as you have stated, but you keep up your own game, mate. Im all for it and live a similar lifestyle. I wouldnt have it any other way <grinnin`>

The crazy thing is, like working out people just don’t get it. They hear what they want to hear. With all the stats out there you never hear about how many lifes have gone down the toilet because students bought into the credit card scam in their first year of college or university.

Student loans, credit card debt what a way to start off. Grab the first job you can because you have no choice. That’s not freedom, that’s slavery. I give two thumbs up to those who were/are smart enough to use the system to their advantage. The rest are just cattle to the slaughter hoping to someday see the light at the end of the tunnel. Personally I wake up to sunshine every single day.

The really great thing is I don’t have to take any crap from my boss and he knows it. Makes life sweet and working for a living a lot easier to tolerate. At least the life style that I prefer. Again like working out it’s not everyones cup of tea.[/quote]

Great post.

I also live a similar lifestyle. I’ve never had a credit card…

[quote]streamline wrote:
I’m a fifty year old male, I owe nothing. I have never had a credit card in my life. I have never borrowed money from a financial institution. I am now screwed.

Went to the bank today with my daughter to open an account in her name, for her college fund. My daughter just turned eighteen this year and has not gotten around to getting her provincial ID yet. I have had an account at this credit union for close to eight years. It has a free chequeing account and tax free savings (latest thing).

Since my daughter has no provincial ID we decide to make it a joint account until she gets her ID. Even thou I have an account there they still need to do a credit check on me. Well low and behold, you’d think I was a terrorist or something. The look on the lady’s face when she could not find me in the credit history achives (or what ever they are called). I explained to her that I have never had a credit card or borrowed money. My daughter almost lost it, with the new look on her face.

The new laws do not allow banks or credit unions to open accounts without credit checks. So basically I’m screwed if I close my account. I will not be able to open another account. After an hour of bureaucratic BS then made the decision to put the account in her name and gave her sixty days to bring in the proper ID.

The world has come to an end when being debt free is a very bad thing. The world is falling apart because of debt and I’m treated like some kind of freak for not taking part in it’s demise. I’m not sure if I should laugh or cry. What a messed up world we live in![/quote]

So, get a damn credit card and pay your full balance each month. Having a credit card does NOT = being in debt.