What have you just bought?
Yesterday, 15:37
|
#7816
|
|
Dr Pepper Addict
Cable Forum Admin
Join Date: Oct 2003
Location: Nottingham
Age: 63
Services: Zen & YouFibre FTTP, Sky Q TV, Sky Mobile, Flextel SIP
Posts: 31,281
|
Re: What have you just bought?
Quote:
Originally Posted by papa smurf
does anyone have a savings account anymore
|
Yes.
__________________
 Baby, I was born this way.
|
|
|
|
Yesterday, 16:04
|
#7817
|
|
CF Resident Dog
Join Date: Mar 2005
Services: Zen FTTP 910
Posts: 16,264
|
Re: What have you just bought?
Quote:
Originally Posted by Dingbat
Good tip.
Nationwide tells me mine is 604, which is negatively impacted by having no mortgage, credit card, or unsecured loans in my name. So it seems that the better you manage your finances, the worse your score becomes?
|
I have no mortgage, loans or debt, so my high score with TransUnion will be because I put everything on credit card and pay it off in full when the monthly statement comes.
---------- Post added at 17:04 ---------- Previous post was at 17:02 ----------
Quote:
Originally Posted by papa smurf
does anyone have a savings account anymore
|
Why wouldn't someone have a savings account?
I've got an instant access savings account and a fixed rate ISA, my current account doesn't pay any interest but after 38 years I can't be arsed to move it.
|
|
|
|
Yesterday, 16:17
|
#7818
|
|
vox populi vox dei
Join Date: Mar 2007
Location: the last resort
Services: every thing
Posts: 15,662
|
Re: What have you just bought?
Quote:
Originally Posted by SnoopZ
I have no mortgage, loans or debt, so my high score with TransUnion will be because I put everything on credit card and pay it off in full when the monthly statement comes.
---------- Post added at 17:04 ---------- Previous post was at 17:02 ----------
Why wouldn't someone have a savings account?
I've got an instant access savings account and a fixed rate ISA, my current account doesn't pay any interest but after 38 years I can't be arsed to move it.
|
i ask because people seem obsessed with credit,which is totally opposite to the way i purchase things
__________________
To be or not to be, woke is the question Whether 'tis nobler in the mind to suffer. The slings and arrows of outrageous wokedome, Or to take arms against a sea of wokies. And by opposing end them.
|
|
|
|
|
Yesterday, 16:27
|
#7819
|
|
laeva recumbens anguis
Cable Forum Mod
Join Date: Jun 2006
Age: 69
Services: Premiere Collection
Posts: 45,098
|
Re: What have you just bought?
credit score, not credit
A good credit score makes it easier to get interest free credit, which means the money stays in your bank account longer, rather than giving it all up front to pay for something.
__________________
Thank you for calling the Abyss.
If you have called to scream, please press 1 to be transferred to the Void, or press 2 to begin your stare.
If my post is in bold and this colour, it's a Moderator Request.
|
|
|
|
|
Yesterday, 17:18
|
#7820
|
|
vox populi vox dei
Join Date: Mar 2007
Location: the last resort
Services: every thing
Posts: 15,662
|
Re: What have you just bought?
Quote:
Originally Posted by Hugh
credit score, not credit
A good credit score makes it easier to get interest free credit, which means the money stays in your bank account longer, rather than giving it all up front to pay for something.
|
what's wrong with paying in full on the day of purchase, bank interest rates are pants, i like things done and dusted on the day of purchase.
__________________
To be or not to be, woke is the question Whether 'tis nobler in the mind to suffer. The slings and arrows of outrageous wokedome, Or to take arms against a sea of wokies. And by opposing end them.
|
|
|
|
|
Yesterday, 17:24
|
#7821
|
|
laeva recumbens anguis
Cable Forum Mod
Join Date: Jun 2006
Age: 69
Services: Premiere Collection
Posts: 45,098
|
Re: What have you just bought?
Quote:
Originally Posted by papa smurf
what's wrong with paying in full on the day of purchase, bank interest rates are pants, i like things done and dusted on the day of purchase.
|
If that works for you, go for it…
We’re going to buy a couple of Parker Knoll recliner sofas next year - we can either pay £6-7k up front, or get interest-free credit over three years and keep the money in our ISAs earning 4.7%…
Also, if you are younger and going for a mortgage, a good credit score will mean you have a wider choice of mortgages at a lower rate.
__________________
Thank you for calling the Abyss.
If you have called to scream, please press 1 to be transferred to the Void, or press 2 to begin your stare.
If my post is in bold and this colour, it's a Moderator Request.
Last edited by Hugh; Yesterday at 17:31.
|
|
|
|
|
Yesterday, 17:26
|
#7822
|
|
Just a Geek
Join Date: Jul 2015
Posts: 5,115
|
Re: What have you just bought?
Quote:
Originally Posted by papa smurf
what's wrong with paying in full on the day of purchase, bank interest rates are pants, i like things done and dusted on the day of purchase.
|
Nothing but I like to have available credit in case of emergency and in the case of credit cards you need to use them at least occasionally or they will get cancelled. So buying on a card and then paying it off solves that and improves your credit score while it is happening
Bare in mind I am poor with little savings so emergency credit can be a life saver at times
__________________
Is your muffin buttered? Would you like me to assign someone to butter your muffin?
|
|
|
|
|
Yesterday, 17:42
|
#7823
|
|
laeva recumbens anguis
Cable Forum Mod
Join Date: Jun 2006
Age: 69
Services: Premiere Collection
Posts: 45,098
|
Re: What have you just bought?
Quote:
Originally Posted by Dingbat
Good tip.
Nationwide tells me mine is 604, which is negatively impacted by having no mortgage, credit card, or unsecured loans in my name. So it seems that the better you manage your finances, the worse your score becomes?
|
Just had a look at Experian, and here’s how they break it down…
__________________
Thank you for calling the Abyss.
If you have called to scream, please press 1 to be transferred to the Void, or press 2 to begin your stare.
If my post is in bold and this colour, it's a Moderator Request.
|
|
|
|
|
Yesterday, 18:47
|
#7824
|
|
Dr Pepper Addict
Cable Forum Admin
Join Date: Oct 2003
Location: Nottingham
Age: 63
Services: Zen & YouFibre FTTP, Sky Q TV, Sky Mobile, Flextel SIP
Posts: 31,281
|
Re: What have you just bought?
Quote:
Originally Posted by papa smurf
what's wrong with paying in full on the day of purchase
|
Your choice, but I'd rather keep the money in my account(s) for much longer.
I get reasonable interest on the bank a/c, but better from the savings.
I can transfer from one to the other (either way) online, within an hour.
(Not instant because they are not the same provider).
__________________
Baby, I was born this way.
|
|
|
|
|
Today, 10:50
|
#7825
|
|
XIV
Join Date: Dec 2009
Location: Crawley
Age: 36
Services: Three Unlimited
Posts: 17,002
|
Re: What have you just bought?
Quote:
Originally Posted by thenry
A wall calendar for next year with it's own white board and pen
|
Some marker pens with eraser tops.
__________________
“Never ask a liar why they lied. To explain it, they'd have to lie again”
Fernando Hidalgo
|
|
|
|
|
Today, 11:44
|
#7826
|
|
Just a Geek
Join Date: Jul 2015
Posts: 5,115
|
Re: What have you just bought?
Modern Warfare 4 so I can play the campaign early
__________________
Is your muffin buttered? Would you like me to assign someone to butter your muffin?
|
|
|
|
|
Today, 13:40
|
#7827
|
|
In the gang of three
Join Date: Jul 2004
Location: Hiding . . from all the experts
Posts: 5,943
|
Re: What have you just bought?
A new battery for the car . . . £180
I used to buy cars for that 
__________________
If knowledge is power, how come those in power seem so stupid?
|
|
|
|
|
Today, 13:50
|
#7828
|
|
vox populi vox dei
Join Date: Mar 2007
Location: the last resort
Services: every thing
Posts: 15,662
|
Re: What have you just bought?
Quote:
Originally Posted by Carth
A new battery for the car . . . £180
I used to buy cars for that |
bloody hell,is it a tesla
__________________
To be or not to be, woke is the question Whether 'tis nobler in the mind to suffer. The slings and arrows of outrageous wokedome, Or to take arms against a sea of wokies. And by opposing end them.
|
|
|
|
|
Today, 14:38
|
#7829
|
|
CF Resident Dog
Join Date: Mar 2005
Services: Zen FTTP 910
Posts: 16,264
|
Re: What have you just bought?
Quote:
Originally Posted by papa smurf
bloody hell,is it a tesla
|
I wouldn't touch a Tesla with a barge pole, i have 2 hates, Musk and the fact the dashboard is just a large tablet with looks naff in my opinion.
Did you see the flying Tesla video posted yesterday? Lol
|
|
|
|
|
Today, 15:14
|
#7830
|
|
vox populi vox dei
Join Date: Mar 2007
Location: the last resort
Services: every thing
Posts: 15,662
|
Re: What have you just bought?
Quote:
Originally Posted by SnoopZ
I wouldn't touch a Tesla with a barge pole, i have 2 hates, Musk and the fact the dashboard is just a large tablet with looks naff in my opinion.
Did you see the flying Tesla video posted yesterday? Lol
|
my son has one,i was well impressed when he took me for a spin
i doubt the flying thing is anything but a publicity stunt
__________________
To be or not to be, woke is the question Whether 'tis nobler in the mind to suffer. The slings and arrows of outrageous wokedome, Or to take arms against a sea of wokies. And by opposing end them.
|
|
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
All times are GMT. The time now is 15:56.
|
Join CF
You are here: 
