- Centurion Member
- Posts: 3625
- Joined: Thu May 08, 2014 7:42 pm
- Location: United States
One option to which a stranger might be more receptive (though it could be a bit more time-consuming) is to play semi-dumb. Pretend you know fairly little about credit, but are eager to learn. Ask a few questions which steer a stranger to realize there are big gaps or logical inconsistencies in his existing beliefs. Maybe you can nudge Dude 2 to "double check" some of his beliefs, or at least demonstrate to Dude 1 that Dude 2 is not an authority.
So, depending on the wait, maybe something like...
Dude 1: So, like, I have to pay off what I charge though, right? Like it's not just like a debit card, where it just gets withdrawn from my bank?
Dude 2: Yeah. You can set it up to pay automatically, though. But don't ever pay off the whole amount. It's bad for your credit.
Dude 1: Wait, really?
Dude 2: Yeah. The card companies want to make money in interest. So if you leave some of your balance and pay interest on that, that makes them happy, so they give you a better score.
You: Oh, hey. Do you know a lot about credit cards?
Dude 2: Yeah.
You: My brother has been telling me to get another one, but I don't know. He was talking about, like, utilization, but I didn't really understand it. What exactly is the difference between carrying a balance and letting a balance report?
You, a little later: And I saw something on the news in which they were talking about transactors and revolvers. Like, what are those?
If Dude 2 considers himself an expert on cards, he may feel the desire to learn those terms and find the truth.
Wallet: Prestige CSP SchwabPlat Freedom It Hyatt SallieMae AAPlat
SD: Arrival BrooksBros BCE ED IHG
Letting new accounts cool off since May
Really not sure what I'll add next or when