Oh, don't get me wrong. I am not sneering at Ramsey's plan at all. Although, I could have done without the aggressive christian angle to it all. Once I blocked that out and boiled him down to his basics, he gives common sense advice on how to pay off debt.

The "no credit" stuff? I don't agree with at all. Because you DO need credit. Sad as it is to say. Life can be very difficult without it. And I say this as a guy who payed cash for everything for years.

_________________

Wrong, wrong, and wrong again. I'm glad you got your contract with your provider, it's a rarity. Try that with an iPhone, but I digress. You addressed a single point of the MANY here that were made. I'd really like to know where you live in all honesty with absolutely no credit issues /shrug.

Dave Ramsey, another great example of how a great way to get out of debt and get rich is to sell other people secrets and tips on how to get out of debt and get rich!

No credit rating is nearly as bad as having bad credit.

I am a cell phone dealer, and if you are one of those people with no history in the credit bureau computer, expect to put a hefty deposit down if you want a cell phone.

You would be surprised at the amount of house wives I get that have never had a credit card in there own name, sure they may have a bunch of cards in there purse, but if its the husbands name as primary on each of those cards, no credit rating will be gained for her. Same goes for all those people who don't believe in credit cards, banks or loans, getting a cell contract is going to be hell for you.

_________________
Jake Rivers - Senex Legio
Get off my Lawn alliance

It really is. Like I said though, if you demonstrate that you don't care about your credit, then you are a risk.

Good credit is something that you buy. You pay for it every time you pay "interest" and "fees". If a company who's business is making money from interest and fees can't get any from you, why would they do business with you?

I don't like patronizing those types of businesses anyway (and generally don't), so my lack of credit rarely has an impact on me.

Places where it might hurt me though is getting into an exclusive apartment community in a good neighborhood, getting lower insurance rates, or a certain type of job. Not really fair, I don't think, but I understand it. Don't agree with it, but I understand it.

_________________

No, really. It's worse than bad credit. I don't know why, but having no credit makes you some kind of weird alien freak, but defaulting on a loan or something is a forgivable offense.

If living out of debt makes me a freak, I'll be a freak any day of the week and twice on sunday.



So what? If you're living a debt free lifestyle paying down isn't a big deal. That's kind of the point.

As far as some of the other of it Tali, I don't have a security clearance. I do have an ATF blasting license, which I obtained while having a fuck up with my social security number/name not matching.

_________________
Marauder Harabakc Goat

Well, that's two points? /shrug. I'd rather be earning the super savings interest on this money, rather than the shitbag payout you get from the utility/phone company holding. I'm not knocking your choice at all, in fact, I'd say your goal of being debtfree is enviable for the vast majority of this country. But don't criticize others for also being smart with their money. Not all debt is "omgwtfevil". You don't have live in a fucking cabin in Montana with your rifle and blasting caps (c wut I did thar?) to be free from slavish debt.

To each his own I suppose. I don't think you're weird, just unnecessarily stupid about it all.

Oh and btw, Dave gives his info away for free everyday. Both on radio and tv daily, and his books are in libraries all over the place. It doesn't cost you anything but time to learn the ideas behind what he advocates.

_________________
Marauder Harabakc Goat

The problem is the old saying "what works for one person may not work for another"

My life is just fine with debt. I live comfortably, i'm able to save and invest, and still maintain a moderate amount of debt that is just increasing my credit rating with every month that passes. I considered just paying everything off and living off cash, but in some situations, that's not nearly so easy as it sounds, and there are cuts to my lifestyle I'm not willing to make.

_________________

World of Warcraft: Kallaystra, Gweila, Steakumn, Tarathia [ Feathermoon/Horde ]

I think the thing that pisses me off the most about the cell phone providers, insurance companies, utility companies, etc... that check your credit before determining your rate or whether you can get service is the fact that they don't report your on time payments to the credit bureaus. They check your shit, but don't report it if your are on time with your payments and what not.