Why the heck would you do a friggin cash advance? Go to the casino and buy a gift card and put all the money you want on it. Then go to the cashier and withdraw the money from the gift card. That is registered as a purchase on your VISA, not a cash withdrawal. haha, just try to NOT gamble all the money away as you're walking through the casino.

:werd:

I charge everything to my credit card and pay it all of at the end of the month. Don't buy shit if you can't pay it back at the end of the month. Also I have a rebate rewards card so I get 1% back. Not much but still better then getting nothing. The people who say credit cards are bad are the ones that can't control their spending habits. Its all about self control. :thumbsup:

Hey...I need like 6bills for my tattoo, I wont have money till probably a week or two after my appointment. Would cash advance from my credit still be a bad idea if i plan to pay it off within 3weeks of borrowing it? If I was going to the bank for a loan?what would I tell them lol

If you really are gonna pay it off in 3 weeks, youll be fine by taking it out of ur CC, youll have to pay some interest, but it wont be that much.. Dont go into the bank for a 600 dollar loan, they will laugh at you for being a dumbass.

And.. why are you planning to spend 600 bucks on a tattoo if you cant afford it?

Cuz thats how the world works. Majority of people buy shit they can't afford till later then it becomes a cycle and they go in debt :D

sell ur nuts!!!!



ok borrow from line of credit


6% intersts a year

Totally agree. I pay all my household bills through my amex for the airmiles and I charge a lot of my purchases on my visa. In the 15 years I've been using credit cards I've never paid 1 cent in interest. If you're smart about it and use them responsibly they are fine.

when i was in the states last summer I went to walmart and used my bank card for interact cash-back

:confused::confused::confused::confused::confused: :confused:

The rewards are a huge benefit as long you pay it off every month. It is basically free cash back/airmiles for simply using the card. Works for me!

^+1

If the money is gonna be spent, might as well build your credit, and get something back for it. I pretty much put everything on my mastercard now.

What if the reason was to pay off loan sharks? That 20% is a good investement to save your legs & kneecaps IMO. :D

I made the appointment in december, multiple unforseen costs have occurred and ive been jobless for like 2months now :(

Cancel or reschedule for April or May when hopefully your finances are better?

Yea might wanna reschedule...Eating > Tattoo

Points points and more points!!!!!!

:werd:

Ahh, I love RS... lotta random guessing and bad advice, as usual.

You wanna know what it's costing you, READ YOUR CARDHOLDER AGREEMENT. Every credit card is a little different. People here telling you "this is how it is" is pointless, because even IF they have any idea what they're talking about, what applies to THEIR card may not be the same for YOUR card.

Just for the record, there is SOME correct advice here:

Almost all cards compound the interest monthly, as Graeme S demonstrates.

Almost all don't start calculating interest on purchases until the statement date.

Almost all start calculating interest immediately on cash advances.

With almost all of them, your payment is applied to the interest first, and anything that's left is then applied to the actual balance. If you pay off the entire balance the day you receive your statement, you'll pay practically nothing in interest (except for cash advances).

Some cards do vary on these, and that will be spelled out in the cardholder agreement. Some may not have an annual service charge, but will have a higher interest rate, or may compound more often; sometimes you can get a better interest rate by paying a small annual service fee.

Look at your cardholder agreement (it's in the letter that came with the card, and should be available on the CC company's website). If you have any questions, call the number on the back of the card. They're the only ones who can give you a DEFINITIVE answer on the SPECIFIC terms of YOUR card.