Abouttbaarr Expertise Questions related to credit card management
and use of credit to achieve your financial goals
I have found on google that my screename has been linked to some garbage
financial sites, that I have nothing to do with
Please ask me to verify this if you are not sure
and let me know who is making any claims so i can sue their asses off
this is my website or my blog
http://www.geocities.com/tbaarr/night_vision.html
http://www.tbaarr.blogspot.com/
Experience i own over 10 credit cards
8 of these have credit limits over 10k and i use 2 of them to invest with
i have the balance as a fixed life of the loan balance transfer
and make 10 points profit on the money
Organizations none
I retired doing this in 1996
and wish to pass on my experience.
BE aware I got married in 1998 and started Driving Rig in 2004 so that I could get affordable quality Heath insurance for my family as I now have 2 beautiful daughters 4 and 8 as of aug 2007, so I may take longer to answer som questions.
i cover such subjects as,
my approach to credit,
how to establish and maintain multiple accounts,
how i get single digit life of the loan balance transfers,
how i use their money for 45 days interest free,
how i use credit cards to invest for 30% a year profit,
and how i maintain a 650+ credit rating while holding 5 or more accounts.
I challege anyone have me compare any answer, that suze orman gives on her tv show,
to what i would suggest
as i find her answers just plain incompetant,
especially when she states that borrowing money from an ira causes you to pay double taxation.
Thats just plain wrong
Expert: tbaarr Date: 3/8/2005 Subject: trying to get a Credit card
Question ok, i am almost 19 and i am trying to establish some credit. but the problem is i have none so im as good as bad credit. well ive applied for 3 but got turned down , they said i didnt make enough money or that there was no credit listed for me, which the second part is true. but i make roughly 15,000 a yr. right now and considering i just got out of high school thats alright i think. so heres where you come in, i was wondering what the best way to go about getting a credit card is, or if you know of one that i may get. i dont want those ones with setup fees and annual fees , or those banks ive never heard of like centennial and orchard. i mean my girlfrind only puts like 50.00 on hers every month and pays it right off. her limit went from 200.00 up to 900.00 in less then 1 yr. but i cant get the one she has becuase they only send them to certain people i emailed them already. but anyways im here ramblin on... so if you could help me out with some ways to solve this that would be great, maybe secured card or i dont know, cant wait to hear what you say
thanks so much,
Matt K
Answer best buy is underwritten by bank one
get approved for a 0% for a year computer purchase and get the reg card at the same time
use 25k as your income because you also make 10k from sale of amway and tupperware which require no business license
or get a college credit card by enrolling in night school and are a college student elegible for those programs
pay your reg reoccuring bills with the card
bank your paycheck
pay the card off every month
get a 1% cashback card if you can like discover or chase master perfectcard
get a second job if you need too
you must show at least 22k a year to qualify to get a card
