Your right Scott!

I like using credit cards because if you have trouble with a dealer, they 
are much more willing to work with you than if you paid cash.  I've also had 
two instances of fraud with my card number and both were taken care of by 
the bank or credit union.  One time, I supposedly bought $1500 worth of gulf 
equipment in the Fiji islands, but I've never been there.

One trick I've learned is to look at my electronic statement every few days 
so that I know what my balance is at all times.  That way I know immediately 
if I can afford something that I want to buy and if I can't afford it, I 
don't buy it.  That's how I always pay off my credit cards every month!

73

Bob, K8LR, [log in to unmask]

----- Original Message ----- 
From: "Scott Howell" <[log in to unmask]>
To: "Bob, K8LR" <[log in to unmask]>
Sent: Saturday, July 21, 2012 2:36 PM
Subject: Re: if you want to buy ham equipment, you better have the bucks in 
hand!


Bob,

Exactly and if you are really careful and keep that card paid off then you 
are ahead of the game. I also buy everything with a credit card as it does 
afford you some protections in a few different ways. The problem becomes 
when you cannot pay the entire balance in a month or two. Paying a little 
interest is one thing, but paying the minimum will really get one into 
trouble. My brother used to be a lender for a mortgage company and now he is 
a loan officer , and the stories he can tell would blow your mind. grin

On Jul 21, 2012, at 12:19 PM, "Bob, K8LR" <[log in to unmask]> wrote:

> Hi,
>
> Seems like everyone is knocking credit cards today, but I use them for
> buying everything that I can, cause my two cards are both cash back credit
> cards.  I get 1 percent back on all purchases and as much back as 5 
> percent
> on some items.
>
> The trick that you have to keep in mind is that you have to pay off your
> balance every month or the interest charges will eat you up.  The cash 
> back
> cards usually have higher interest rates than other cards, but as long as 
> I
> pay them off every month, I'm money ahead.
>
> Also make sure that the credit card you choose has 0 fees for using it.
>
> Bob, K8LR, [log in to unmask]