Wolfire Games Forums

I know, I am German, too.

Fournine wrote:And that credit history really helped later on when I got my mortgage.

Yeah, I expected something like that. Now what is better, always paying your rates reliably or never even needing credit? The reasoning, that you need to get a credit to show that your trust worthy or you are screwed with the bigger , more important credit seems flawed to me. I guess, the banks don't mind that extra interest they earn though.

Yeah, it's nuts, but the game is well established, and everyone here has to play.
As for credit cards - I personally don't understand them. They don't make financial sense to me. What cards I do have, I use sparingly and try to keep a zero-balance on them (though, supposedly, the larger balance you have on them the better it is for your credit rating - so long as you don't miss a payment. Go figure.)
I prefer paying things via debit, check, or online transfer. For personal matters, if I don't have the funds for it, then I refuse to buy it.

Hmm... this thread has derailed quite a bit. Shall I split it and move the finance-talk over to Randomness?