- Centurion Member
- Posts: 630
- Joined: Thu May 10, 2012 10:10 pm
- Location: North Los Angeles County
1.) But I have been paying my bills, and always on time and will continue to do so unless there is something that happens in which I cannot. Just because I am relatively young doesn't mean I am irresponsible. Just because there are others my age that default or tend not to pay back, doesn't mean they should lump me into that category. But you do have a point about the emergency fund. I have roughly about 1,500 so far in it (and growing every month), but yes you do have a point there and yes you're right in a sense, but I know when I am getting ahead of myself, but I see your point, there are plenty of kids my age that are not as responsible and they end up defaulting and over extending themselves.
2.) When I said, I mean to say that the only reason I would default is because I lost my job, or an emergency happened, but I know myself, and I barely use my current card, if at all, heck it is only used for Gas, and that is when I don't have enough cash or no cash on me. Practically I pay everything with cash, and only use my card for small things or Gas when I need to. And I don't buy things unless I absolutely need to and the only reason why I would app for any of the cards is to use it sparingly, so that way I do not overextend myself. I'm not a crazy money-spending 19 year old that will take out credit and then not be able to pay it back...I would make every effort to pay it back. And I understand, AMEX is a business, and they have to look out for the interests, so I can't blame them. But when I called their new accounts department they had told me that apparently it was a glitch and that there was never an inquiry and so on, so I guess that app did not cost me anything.
3.) I know my history is short. And my parents history have anything to do with it, but I do seek their advice when I need it. Unfortunately I do not make enough (12k) to move out, so for now, I do what I can, and give them 100 a month and they use it for bills and other expenses. But I know, I should be independent, but I see kids my age still getting these cards, but yet AMEX has no problem issuing them a card.
4) I just wanted to have a total of 3-4 cards, mainly just to use sparingly and to show some form of use, I mostly pay cash for everything, so the cards would have really been there for the history only, or if I didn't have enough money on me. And I know that it would stay on a CR for 2 years. I love my card, but I would want to have another 1-2 cards just because I don't want to use cash for everything.
Bank Of America: BankAmeriCard Cash Rewards-4.2k
Citi: Forward-4.5k American Airlines Advantage Platinum Select World Elite MasterCard 9/6/15-4K
Amex BCE.2k- Amex SPG-5k
Chase: Freedom-5kSouthwest Rapid Rewards Plus- 3.6k
Capital one: Venture one-10,000, Visa Signature.