Credit cards

[PrincessArky]

I was watching the news last night and they said that the average person has 4 credit cards.........that was a bit shocking to me. I have 2 with very SMALL limits and I only got the 2nd because much lower interest, once the orginal is paid off I will be closing that one and going back down to one.

[cabby92]

I have a lot, but that includes store cards, gas cards, specific cards that I get reward points with, some with low interest rates I use if I need to leave a balance on for a while, etc.

[magenta]

I have one. DH has one. They both have a very small limit. Our balance on both is $0.

I do NOT want anymore. I am wicked when it comes to spending money. I only use cash. I won't even get a debit card.

[Unicornmom77]

We have NONE!

Never have had any... Hope it to stay that way.

[Jenefer3]

I have one with a $500 limit on it but a zero balance. It's usually only used for emergencies though.

[jayhawkfan]

I voted 3 or more...but thats a little misleading.

My DH has 2 with $300 limits. We only use them for emergencies and the balance is zero. Then he has 2 business cards. One that he puts all of his misc expenses on and another that he has to use to book travel. The first one is paid off monthly and the other one is paid monthly by the company.

[Heidi]

We pulled ourselves out of credit card debt and vowed to never do that again! We do have mortgage, 2 car payments and will soon have a 7,000 student loan though.

[whatever]

I have one. DH has one. They both have a very small limit. Our balance on both is $0.

I do NOT want anymore. I am wicked when it comes to spending money. I only use cash. I won't even get a debit card.

I'm with you!! I do NOT want a debit card!! can you imagine if someone stole it. Before you realized it how much money they could get away with. ANd you would have to try to sort out what was not your charges. with all the scams, the banks are getting more suspicous. I have 2 mc. Because 1 pays cash back on everything but only 1%. ANd the other mc pay pay %5 towards groc, drugs stores and gas stations and 1% (but we don't use for anything else) in gift cards) Plus we have menards card that pays 2%. But we pay balances off every month. So they all pay us to use their cards:dancing:

[whatever]

Oh just wanted to add, did it say that the average household also has most of them close to maxed out also. I have heard that also on those types of shows also.

[buttrfli]

We have ZERO!

Never had any and never will. I have to admit that not ever using credit has hurt us a bit on our credit score (since we don't have one lol) but we don't have any debt.

If we can't afford to pay for something with cash (or debit card) we either save for it or don't get it.

[BigLyd1]

I think I have five. But two haven't been used in over a year. One is used only a few times a year (department store). One is used for online stuff, but I pay it off every month. The other is mainly used for travel expenses since we get points on that one. That one also is paid off every month.

[Adra]

We have one. We have never used it for anything except business expenses.

[PrincessArky]

Oh just wanted to add, did it say that the average household also has most of them close to maxed out also. I have heard that also on those types of shows also.

yep it did :( I believe it was on the Lou Dobbs show last night

[tsquared]

I have 6 of them...........use them sparingly, but do use them

[jnc880]

i have 0

[sheila_361]

I have one that is one of those re-fillable ones..

[galeane29]

I dont want to say how many I have LOL But I can
say that I have a ZERO balance on all except my walmart
card that I ONLY use for gas because I get 3 cents off per
gallon of gas.

[atprm]

We have no credit cards, but I didn't include the paypal secure debit card or our bank debit card (both with mastercard logos)

[loveswolfs]

I have zero. If i dont have the cash to pay for some thing then i really dont need it.

[Urban Cowgirl]

I charge all my regular purchases every month, then I pay it right off so I don't owe interest. I get points on my charges though and I get g/c with my points.

[SLance68]

I have a wallet full of them - both personal & business cards. They all get paid in full when the bill comes in. If I don't have the money in savings to buy something then I don't buy it. I REFUSE to pay interest on a credit card.

[Shann]

ZERO I had too much fun w/ them when I was younger and cut them all up. I'm thinking about getting another one this year to help bring my credit score up, even though I don't know what it is :lol but I've got nothing against me on my credit report and want to keep it that way :dancing:

[Jackie_Blu]

I said 3 or more....but.....we have one major cc, and a few gas cards,and I have a couple dept. store cards. we,too, only use them as last resorts or emergencies and none of them have a balance on them at the moment.:)

[LunaChick]

I have four major credit cards. All of them are paid off and all of them have had major credit increases. I have a pretty decent amount in credit if I ever need it.

[ttistin]

we have 0. Dh has had 2 of them in the past and I have never had one. I don't want one.

[freebielover]

I have 4, $1700 limit, 2 $7500 limit and 1 $10,000 limit. They're all at zero balance though. I put all of my bills on my CC's every month then just pay it off so I keep high limits so I don't go over 30% utilization. I use them to help my credit, it shows I have "older" accounts that I've kept for awhile.

[MistyWolf]

I have a lot, but that includes store cards, gas cards, specific cards that I get reward points with, some with low interest rates I use if I need to leave a balance on for a while, etc.

Also, alot of the cards I do have, have a zero balance.

[PrincessArky]

ZERO I had too much fun w/ them when I was younger and cut them all up. I'm thinking about getting another one this year to help bring my credit score up, even though I don't know what it is :lol but I've got nothing against me on my credit report and want to keep it that way :dancing:

yeah when I was 19 I got in way TOO deep with cc so I learned my lesson the hard way

[tracyb]

dont have one....I did finally give in and get a QVC card....lol...I have a debit but I dont consider that a credit card .

[tough guy]

i have 5:

3 reg. credit cards and 1 for walmart and 1 for lowes

[cathych]

we took out a home equity loan and paid ours off. We keep a gas card for emergencies, and also a Lowes card for emergencies also. You never know when the fridge is going to go kaput. Credit cards are deadly.

[ElleGee]

one is enough for me

[PrincessArky]

ok I have a stupid question.......why do so many have store cards? I mean the interest on them is huge if you are carrying a balance why not just have one mastercard or visa card for anything that comes up you haven't planned for?

[buglebe]

I don't know how many we have but it is a bunch. We only use 3 and don't carry a large amount but are trying to get those paid off. What happened here? Did all the people who do owe on them feel too bad about it to speak up? The only people who spoke up said 0 balance. Where are all the people those reports are talking about? With this recession or depression that is creeping in,it is scary not to get out of debt. Our house and car are paid for.