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09-08-2010, 02:36 PM
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Originally Posted by rt View Post
That's where I use my own money, rather than borrowing, right?
Yah, you deposit $500 or $1000 [or whatever you want] with the bank and they give you a card up to that limit.

That's one of the goofball things about credit. It's not just they want to know if you have a record of not paying things, but they want to see a record of you regularly paying things. If you live smart and never use credit for anything you're like a 'credit ghost' in the system. That's all fine and dandy as long as you don't actually want to get credit.

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