"D.Duck" wrote in message
...


I'm pretty much in the same position. I haven't had a loan payment in
over 20 years (FICO now 800+) and hopefully won't need one again in this
lifetime. For those that will need credit, the extra baggage on the
credit report won't help.




The last credit report I read indicated that my score was not as high as it
could be because I didn't have a mortgage.

??????????

I am like you and JohnH now. Now that I don't need it, I have all kinds of
credit available and I don't use any of it.

But, I also remember that it took me 10 years to pay off a small balance on
a stupid Hechinger's credit card that I had back in the Navy. Every penny
counted for many years.

Eisboch

On Sat, 6 Dec 2008 11:30:04 -0500, "Eisboch" wrote:


"D.Duck" wrote in message
m...


I'm pretty much in the same position. I haven't had a loan payment in
over 20 years (FICO now 800+) and hopefully won't need one again in this
lifetime. For those that will need credit, the extra baggage on the
credit report won't help.




The last credit report I read indicated that my score was not as high as it
could be because I didn't have a mortgage.

??????????

I am like you and JohnH now. Now that I don't need it, I have all kinds of
credit available and I don't use any of it.

But, I also remember that it took me 10 years to pay off a small balance on
a stupid Hechinger's credit card that I had back in the Navy. Every penny
counted for many years.

I had a guy bug me with some crap about a magazine subscription my
daughter had canceled. It was in my name. He said if I didn't pay
(it was a lousy 15 bucks or so) my credit rating could be hurt.
I basically told him to go ferk himself because I don't care about the
credit score. Don't know how that turned out. I hung up.
But I have heard that insurance companies use your FICO as an element
in setting your premium. Don't know if it's true - but I use it as a
"counseling" tool when preaching the evil of debt to my kids.

--Vic

"Eisboch" wrote in message
...

"D.Duck" wrote in message
...


I'm pretty much in the same position. I haven't had a loan payment in
over 20 years (FICO now 800+) and hopefully won't need one again in this
lifetime. For those that will need credit, the extra baggage on the
credit report won't help.




The last credit report I read indicated that my score was not as high as
it could be because I didn't have a mortgage.

??????????

I am like you and JohnH now. Now that I don't need it, I have all kinds
of credit available and I don't use any of it.

But, I also remember that it took me 10 years to pay off a small balance
on a stupid Hechinger's credit card that I had back in the Navy. Every
penny counted for many years.

Eisboch


I haven't had a mortgage since 1994. Maybe there's something else in the
Fair Isaacs formula. From what I understand their metrics and analysis
tools are a closely guarded secret.

On Dec 6, 11:30*am, "Eisboch" wrote:
"D.Duck" wrote in message

...



I'm pretty much in the same position. *I haven't had a loan payment in
over 20 years (FICO now 800+) and hopefully won't need one again in this
lifetime. *For those that will need credit, the extra baggage on the
credit report won't help.

The last credit report I read indicated that my score was not as high as it
could be because I didn't have a mortgage.

??????????

I am like you and JohnH now. * Now that I don't need it, I have all kinds of
credit available and I don't use any of it.

But, *I also remember that it took me 10 years to pay off a small balance on
a stupid Hechinger's credit card that I had back in the Navy. *Every penny
counted for many years.

Eisboch

When we took a home equity loan to prepare our shoreline home for
rental property they told us our credit was good, but would be better
if we had some credit cards so we got a couple and use them here and
there but pay them off as soon as possible...

Last week we had one of them write a letter and they told us our
credit line was going to go down, and our rate up because we screwd up
and were three days late with a payment. We sent a payment in that
nearly closed the account and scared the crap out of them, so they
upped our limit again and kept our low rate right where it was They
were afraid we would pay it off completely and they would have
nothing... little do they know, they are all gettint paid off next
month, save the motorcycle loan which is at a very low rate anyway...

On Sat, 6 Dec 2008 08:50:12 -0800 (PST),
wrote:

On Dec 6, 11:30*am, "Eisboch" wrote:
"D.Duck" wrote in message

...



I'm pretty much in the same position. *I haven't had a loan payment in
over 20 years (FICO now 800+) and hopefully won't need one again in this
lifetime. *For those that will need credit, the extra baggage on the
credit report won't help.

The last credit report I read indicated that my score was not as high as it
could be because I didn't have a mortgage.

??????????

I am like you and JohnH now. * Now that I don't need it, I have all kinds of
credit available and I don't use any of it.

But, *I also remember that it took me 10 years to pay off a small balance on
a stupid Hechinger's credit card that I had back in the Navy. *Every penny
counted for many years.

Eisboch

When we took a home equity loan to prepare our shoreline home for
rental property they told us our credit was good, but would be better
if we had some credit cards so we got a couple and use them here and
there but pay them off as soon as possible...

Last week we had one of them write a letter and they told us our
credit line was going to go down, and our rate up because we screwd up
and were three days late with a payment. We sent a payment in that
nearly closed the account and scared the crap out of them, so they
upped our limit again and kept our low rate right where it was They
were afraid we would pay it off completely and they would have
nothing... little do they know, they are all gettint paid off next
month, save the motorcycle loan which is at a very low rate anyway...

Now that the credit union gives rebates for VISA purchases:

# Earn 2% cash back on supermarket purchases*
# Earn 5.00% cash back from gas purchases paid at the pump*
# Earn 1.25% cash back from all purchases** you make with the card during
each billing cycle

I use it for everything. If I buy two baking potatoes, they get put on
VISA. I get some funny looks at the grocery store, but it's a good
deal...if it's paid off monthly.
--
John H.

On Dec 6, 12:26*pm, JohnH wrote:
On Sat, 6 Dec 2008 08:50:12 -0800 (PST),
wrote:





On Dec 6, 11:30*am, "Eisboch" wrote:
"D.Duck" wrote in message

om...

I'm pretty much in the same position. *I haven't had a loan payment in
over 20 years (FICO now 800+) and hopefully won't need one again in this
lifetime. *For those that will need credit, the extra baggage on the
credit report won't help.

The last credit report I read indicated that my score was not as high as it
could be because I didn't have a mortgage.

??????????

I am like you and JohnH now. * Now that I don't need it, I have all kinds of
credit available and I don't use any of it.

But, *I also remember that it took me 10 years to pay off a small balance on
a stupid Hechinger's credit card that I had back in the Navy. *Every penny
counted for many years.

Eisboch

When we took a home equity loan to prepare our shoreline home for
rental property they told us our credit was good, but would be better
if we had some credit cards so we got a couple and use them here and
there but pay them off as soon as possible...

Last week we had one of them write a letter and they told us our
credit line was going to go down, and our rate up because we screwd up
and were three days late with a payment. We sent a payment in that
nearly closed the account and scared the crap out of them, so they
upped our limit again and kept our low rate right where it was *They
were afraid we would pay it off completely and they would have
nothing... little do they know, they are all gettint paid off next
month, save the motorcycle loan which is at a very low rate anyway...

Now that the credit union gives rebates for VISA purchases:

# Earn 2% cash back on supermarket purchases*
# Earn 5.00% cash back from gas purchases paid at the pump*
# Earn 1.25% cash back from all purchases** you make with the card during
each billing cycle

I use it for everything. If I buy two baking potatoes, they get put on
VISA. I get some funny looks at the grocery store, but it's a good
deal...if it's paid off monthly.
--
John H.- Hide quoted text -

- Show quoted text -

What we do is use a Visa card for gasoline and groceries... then we
send one big check out every month but it keeps the credit reporting
agencies happy as long as we are using a card. The only real balance
we carry is the Kawasaki card and that will be done in a few months
too. By spring we should be ready to start over, we need a new
enclosed trailer for the bikes so we can get them out of the kitchen

On Dec 6, 11:41*am, wrote:
On Dec 6, 12:26*pm, JohnH wrote:





On Sat, 6 Dec 2008 08:50:12 -0800 (PST),
wrote:

On Dec 6, 11:30*am, "Eisboch" wrote:
"D.Duck" wrote in message

om...

I'm pretty much in the same position. *I haven't had a loan payment in
over 20 years (FICO now 800+) and hopefully won't need one again in this
lifetime. *For those that will need credit, the extra baggage on the
credit report won't help.

The last credit report I read indicated that my score was not as high as it
could be because I didn't have a mortgage.

??????????

I am like you and JohnH now. * Now that I don't need it, I have all kinds of
credit available and I don't use any of it.

But, *I also remember that it took me 10 years to pay off a small balance on
a stupid Hechinger's credit card that I had back in the Navy. *Every penny
counted for many years.

Eisboch

When we took a home equity loan to prepare our shoreline home for
rental property they told us our credit was good, but would be better
if we had some credit cards so we got a couple and use them here and
there but pay them off as soon as possible...

Last week we had one of them write a letter and they told us our
credit line was going to go down, and our rate up because we screwd up
and were three days late with a payment. We sent a payment in that
nearly closed the account and scared the crap out of them, so they
upped our limit again and kept our low rate right where it was *They
were afraid we would pay it off completely and they would have
nothing... little do they know, they are all gettint paid off next
month, save the motorcycle loan which is at a very low rate anyway...

Now that the credit union gives rebates for VISA purchases:

# Earn 2% cash back on supermarket purchases*
# Earn 5.00% cash back from gas purchases paid at the pump*
# Earn 1.25% cash back from all purchases** you make with the card during
each billing cycle

I use it for everything. If I buy two baking potatoes, they get put on
VISA. I get some funny looks at the grocery store, but it's a good
deal...if it's paid off monthly.
--
John H.- Hide quoted text -

- Show quoted text -

What we do is use a Visa card for gasoline and groceries... then we
send one big check out every month but it keeps the credit reporting
agencies happy as long as we are using a card.

I dont' even mail Visa a check, i transfer it over the phone.

On Dec 6, 12:47*pm, Tim wrote:
On Dec 6, 11:41*am, wrote:





On Dec 6, 12:26*pm, JohnH wrote:

On Sat, 6 Dec 2008 08:50:12 -0800 (PST),
wrote:

On Dec 6, 11:30*am, "Eisboch" wrote:
"D.Duck" wrote in message

om...

I'm pretty much in the same position. *I haven't had a loan payment in
over 20 years (FICO now 800+) and hopefully won't need one again in this
lifetime. *For those that will need credit, the extra baggage on the
credit report won't help.

The last credit report I read indicated that my score was not as high as it
could be because I didn't have a mortgage.

??????????

I am like you and JohnH now. * Now that I don't need it, I have all kinds of
credit available and I don't use any of it.

But, *I also remember that it took me 10 years to pay off a small balance on
a stupid Hechinger's credit card that I had back in the Navy. *Every penny
counted for many years.

Eisboch

When we took a home equity loan to prepare our shoreline home for
rental property they told us our credit was good, but would be better
if we had some credit cards so we got a couple and use them here and
there but pay them off as soon as possible...

Last week we had one of them write a letter and they told us our
credit line was going to go down, and our rate up because we screwd up
and were three days late with a payment. We sent a payment in that
nearly closed the account and scared the crap out of them, so they
upped our limit again and kept our low rate right where it was *They
were afraid we would pay it off completely and they would have
nothing... little do they know, they are all gettint paid off next
month, save the motorcycle loan which is at a very low rate anyway....

Now that the credit union gives rebates for VISA purchases:

# Earn 2% cash back on supermarket purchases*
# Earn 5.00% cash back from gas purchases paid at the pump*
# Earn 1.25% cash back from all purchases** you make with the card during
each billing cycle

I use it for everything. If I buy two baking potatoes, they get put on
VISA. I get some funny looks at the grocery store, but it's a good
deal...if it's paid off monthly.
--
John H.- Hide quoted text -

- Show quoted text -

What we do is use a Visa card for gasoline and groceries... then we
send one big check out every month but it keeps the credit reporting
agencies happy as long as we are using a card.

I dont' even mail Visa a check, i transfer it over the phone.- Hide quoted text -

- Show quoted text -

Well, yeah, that's what we do. And it was Sears that decided to bump
us up/down as a matter of fact, they are the worst and we are dumping
them...

On Sat, 6 Dec 2008 09:41:54 -0800 (PST),
wrote:

On Dec 6, 12:26*pm, JohnH wrote:
On Sat, 6 Dec 2008 08:50:12 -0800 (PST),
wrote:





On Dec 6, 11:30*am, "Eisboch" wrote:
"D.Duck" wrote in message

om...

I'm pretty much in the same position. *I haven't had a loan payment in
over 20 years (FICO now 800+) and hopefully won't need one again in this
lifetime. *For those that will need credit, the extra baggage on the
credit report won't help.

The last credit report I read indicated that my score was not as high as it
could be because I didn't have a mortgage.

??????????

I am like you and JohnH now. * Now that I don't need it, I have all kinds of
credit available and I don't use any of it.

But, *I also remember that it took me 10 years to pay off a small balance on
a stupid Hechinger's credit card that I had back in the Navy. *Every penny
counted for many years.

Eisboch

When we took a home equity loan to prepare our shoreline home for
rental property they told us our credit was good, but would be better
if we had some credit cards so we got a couple and use them here and
there but pay them off as soon as possible...

Last week we had one of them write a letter and they told us our
credit line was going to go down, and our rate up because we screwd up
and were three days late with a payment. We sent a payment in that
nearly closed the account and scared the crap out of them, so they
upped our limit again and kept our low rate right where it was *They
were afraid we would pay it off completely and they would have
nothing... little do they know, they are all gettint paid off next
month, save the motorcycle loan which is at a very low rate anyway...

Now that the credit union gives rebates for VISA purchases:

# Earn 2% cash back on supermarket purchases*
# Earn 5.00% cash back from gas purchases paid at the pump*
# Earn 1.25% cash back from all purchases** you make with the card during
each billing cycle

I use it for everything. If I buy two baking potatoes, they get put on
VISA. I get some funny looks at the grocery store, but it's a good
deal...if it's paid off monthly.
--
John H.- Hide quoted text -

- Show quoted text -

What we do is use a Visa card for gasoline and groceries... then we
send one big check out every month but it keeps the credit reporting
agencies happy as long as we are using a card. The only real balance
we carry is the Kawasaki card and that will be done in a few months
too. By spring we should be ready to start over, we need a new
enclosed trailer for the bikes so we can get them out of the kitchen

What's wrong with outdoor cooking and dish washing?

Hell, in the kitchen you've got all those cabinets for tools and spare
parts. Sounds like heaven to me.
--
John H.

On Dec 6, 2:05*pm, JohnH wrote:
On Sat, 6 Dec 2008 09:41:54 -0800 (PST),
wrote:





On Dec 6, 12:26*pm, JohnH wrote:
On Sat, 6 Dec 2008 08:50:12 -0800 (PST),
wrote:

On Dec 6, 11:30*am, "Eisboch" wrote:
"D.Duck" wrote in message

om...

I'm pretty much in the same position. *I haven't had a loan payment in
over 20 years (FICO now 800+) and hopefully won't need one again in this
lifetime. *For those that will need credit, the extra baggage on the
credit report won't help.

The last credit report I read indicated that my score was not as high as it
could be because I didn't have a mortgage.

??????????

I am like you and JohnH now. * Now that I don't need it, I have all kinds of
credit available and I don't use any of it.

But, *I also remember that it took me 10 years to pay off a small balance on
a stupid Hechinger's credit card that I had back in the Navy. *Every penny
counted for many years.

Eisboch

When we took a home equity loan to prepare our shoreline home for
rental property they told us our credit was good, but would be better
if we had some credit cards so we got a couple and use them here and
there but pay them off as soon as possible...

Last week we had one of them write a letter and they told us our
credit line was going to go down, and our rate up because we screwd up
and were three days late with a payment. We sent a payment in that
nearly closed the account and scared the crap out of them, so they
upped our limit again and kept our low rate right where it was *They
were afraid we would pay it off completely and they would have
nothing... little do they know, they are all gettint paid off next
month, save the motorcycle loan which is at a very low rate anyway...

Now that the credit union gives rebates for VISA purchases:

# Earn 2% cash back on supermarket purchases*
# Earn 5.00% cash back from gas purchases paid at the pump*
# Earn 1.25% cash back from all purchases** you make with the card during
each billing cycle

I use it for everything. If I buy two baking potatoes, they get put on
VISA. I get some funny looks at the grocery store, but it's a good
deal...if it's paid off monthly.
--
John H.- Hide quoted text -

- Show quoted text -

What we do is use a Visa card for gasoline and groceries... then we
send one big check out every month but it keeps the credit reporting
agencies happy as long as we are using a card. The only real balance
we carry is the Kawasaki card and that will be done in a few months
too. By spring we should be ready to start over, we need a new
enclosed trailer for the bikes so we can get them out of the kitchen

What's wrong with outdoor cooking and dish washing?

Hell, in the kitchen you've got all those cabinets for tools and spare
parts. Sounds like heaven to me.
--
John H.- Hide quoted text -

- Show quoted text -

Yup, it's like heaven... Fortunately, the wife doesn't mind the bikes
in the kitchen.

Here is something a fellow put together in another group that I really
connected with...

snip
frost is lifting as the garage door creaks
sun peering betwixt the barren pear branches
a lone silhouette rolls rubber clad alloys amongst the limestone.
the blue haze leans to the left urinating benzene laced liquid
as an meager offering of thanks for the fresh hit.
cold alloy meets boots & springs forth life like hells hounds
dragging caucuses thru a stone tunnel... as the smoke gathers
in gentle plumes the wife shakes her head and goes back inside
to finish her breakfast, I on the other hand take the road less
traveled.
john
i love the smell of 2stroke in the morning.
/snip

Although, I do not care much for the smell of that racing fuel they
use at the events.

Rowdy Mouse Racing, all I want for Christmas is a pair of "Bear
Claws"...