General Asylum

General audio topics that don't fit into specific categories.

Use this form to submit comments directly to the Asylum moderators for this forum. We're particularly interested in truly outstanding posts that might be added to our FAQs.
You may also use this form to provide feedback or to call attention to messages that may be in violation of our content rules.

You must login to use this feature.

Inmate Login

By default, logging in will set a session cookie that disappears when you close your browser. Clicking on the 'Remember my Moniker & Password' below will cause a permanent 'Login Cookie' to be set.

Moniker/Username: The Name that you picked or by default, your email. Forgot Moniker?	Examples "Rapper", "Bob W", "joe@aol.com".
Password:	Forgot Password?
	Remember my Moniker & Password ( What's this?)

If you don't have an Asylum Account, you can create one by clicking Here.

Our privacy policy can be reviewed by clicking Here.

Inmate Comments

From:
Your Email:
Subject:

Message Comments

Original Message

What you need to watch with credit cards

Posted by E-Stat on August 8, 2012 at 16:48:16:
is that if you carry even a penny of balance, the double digit interest is based upon the average daily balance, not the amount left. What credit card companies want you to do is pay the minimum amount (on time) each month for the rest of your life.

I charge most everything I can to get the cash and travel perks and never carry a balance. I have zero debt including home and vehicles.

Back in '81, I took out a low fixed rate bank loan for about $3k to buy an amp and transformers for my stats. No way I was going to put than on a credit card.