Yup I just got mine payed off from the end of summer, so say about 4 months to pay off close to 10 grand. It was a great deal and couldn't let it go. I knew I could easily pay it off in a few months with tight savings and I did. Otherwise CC are stupid and I jsut cut one up. The other has been at 0 ever since I got it payed off and staying that way. I got a line of credit that I use for just about everything. House reno's some car parts, etc. I initially got it to purchase my car instead of a loan for 2 reasons.

First, it was bought from out of the country so the bank couldn't 'search it' so they gave me a line of credit off my house. Second it was a better interest rate than not only a *** raping credit card but a loan too. Plus its like another account I can withdrawl and credit money to/from via online banking. I am fairly smart about it and try to resist the hp bug. Credit cards are not worth it and the ole lady wanted to get one but I told her she couldn't. I remember my father once telling me several time one of the best days he ever had was cutting off his credit card once he got it payed off.

2muchricemakesmesick said it best though

 

WHAT credit cards are you all using? 18%? 20%? Mine is at 0% and if I don't cancel it when the period is up it goes to like 7.9%....

 

my card is 7.9, i appreciate your guys opinion im not stupid i was just askin ow you guys go about doing it and what, tanks for all your insight

 

Pay cash AND buy used - money well spent

Let the guy who just had to have it and put it on his card eat the interest, taxes, and depreciation.

 

Talk about getting taken...if my CC rate was that high I'd cut it up

 

I have a bass pro rewards visa that I charge all my mods to then I pay it off RIGHT away. This way the card is payed, I build credit, and have store credit at BPS to buy other things.

 

X2. Gas on the card might not be a bad idea as long as u can pay it off every month.