What is the largest credit card debt you've ever had? - cougarguard.com — unofficial BYU Cougars / LDS sports, football, basketball forum and message board

creekster · 04-09-2008, 05:13 PM

Quote:

Originally Posted by nikuman

I've had as high as 15k, but that was paid off in the normal billing cycle. It was a planned thing.

We use our card for everything now and pay it off every month.

We do the same thing on an airlines card. We get at least a couple of free tickets a year.

FMCoug · 04-09-2008, 05:25 PM

943,000. How do you think I built m house?

nikuman · 04-09-2008, 06:24 PM

Quote:

Originally Posted by creekster

We do the same thing on an airlines card. We get at least a couple of free tickets a year.

I pay for all sorts of stuff with my points. They can be converted into airline miles (although not as quickly as if it was just an airlines card) but, more to the point, I can buy stuff with them too. My entire slate of gifts for my wife last year was a result of my points.

BigFatMeanie · 04-09-2008, 09:24 PM

Like Niku, well over 15K but that was planned/paid off in one billing cycle. We never carry a balance.

il Padrino Ute · 04-09-2008, 09:29 PM

I don't like debt. I don't think I've ever even had a balance of more than $500 on any credit card.

Clark Addison · 04-10-2008, 01:26 PM

For those of you who revolve a balance, I thank you. Odds are at least some of you are doing it on our cards.

BYU71 · 04-10-2008, 02:46 PM

Wow, when I had a balance of $4,500 and didn't pay it I though I was one of the major credit card owers in America.

Looked like I was probably 6 months away from paying it off, so I went to my folks and offered them 10% and they took it. I knew my Mom wouldn't want the banks getting 18% out of me for more than one month.

View Poll Results: What was your highest combined credit card balance?
I've never carried a balance	8	22.86%
Under $1000	0	0%
$1000 - $2500	5	14.29%
$2500 - $5000	2	5.71%
$5000 - $7500	0	0%
$7500 - $10,000	6	17.14%
$10,000 - $15,000	4	11.43%
$15,000 - $20,000	3	8.57%
Over $20,000	7	20.00%
Voters: 35. You may not vote on this poll

04-09-2008, 05:25 PM	#2
FMCoug Senior Member Join Date: Jan 2006 Location: Kaysville, UT Posts: 3,151	943,000. How do you think I built m house? __________________ Still fat ...

04-09-2008, 09:29 PM	#5
il Padrino Ute Board Pinhead Join Date: Jan 2006 Location: In the basement of my house, Murray, Utah. Posts: 15,941	I don't like debt. I don't think I've ever even had a balance of more than $500 on any credit card. __________________ "The beauty of baseball is not having to explain it." - Chuck Shriver "This is now the joke that stupid people laugh at." - Christopher Hitchens on IQ jokes about GWB.

04-09-2008, 09:24 PM	#4
BigFatMeanie Senior Member Join Date: Jul 2006 Location: South Jordan Posts: 1,725	Like Niku, well over 15K but that was planned/paid off in one billing cycle. We never carry a balance.

04-10-2008, 01:26 PM	#6
Clark Addison Senior Member Join Date: Jul 2007 Location: North Carolina Posts: 638	For those of you who revolve a balance, I thank you. Odds are at least some of you are doing it on our cards.

04-10-2008, 02:46 PM	#7
BYU71 Senior Member Join Date: Jan 2006 Posts: 5,084	Wow, when I had a balance of $4,500 and didn't pay it I though I was one of the major credit card owers in America. Looked like I was probably 6 months away from paying it off, so I went to my folks and offered them 10% and they took it. I knew my Mom wouldn't want the banks getting 18% out of me for more than one month.