Avg Credit Card usage
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Avg Credit Card usage (by BRAD 20,009 [IN]) Jun 29, 2022 9:25 AM
       Avg Credit Card usage (by zero [IN]) Jun 29, 2022 9:28 AM
       Avg Credit Card usage (by Oregon Woodsmoke [ID]) Jun 29, 2022 9:57 AM
       Avg Credit Card usage (by Oregon Woodsmoke [ID]) Jun 29, 2022 9:59 AM
       Avg Credit Card usage (by Ray-N-Pa [PA]) Jun 29, 2022 11:49 AM
       Avg Credit Card usage (by Hoosier [IN]) Jun 29, 2022 2:56 PM
       Avg Credit Card usage (by 6x6 [TN]) Jun 29, 2022 7:50 PM
       Avg Credit Card usage (by BRAD 20,000 [IN]) Jun 29, 2022 11:43 PM
       Avg Credit Card usage (by BRAD 20,000 [IN]) Jun 29, 2022 11:43 PM
       Avg Credit Card usage (by WMH [NC]) Jun 30, 2022 8:25 AM
       Avg Credit Card usage (by Deanna [TX]) Jun 30, 2022 10:22 AM
       Avg Credit Card usage (by Pmh [TX]) Jun 30, 2022 6:22 PM

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Avg Credit Card usage (by BRAD 20,009 [IN]) Posted on: Jun 29, 2022 9:25 AM
Message:

Today's news: avg CC balances are $500 higher than last year at this time.

People are needing money.

BRAD

--174.202.xx.xx




Avg Credit Card usage (by zero [IN]) Posted on: Jun 29, 2022 9:28 AM
Message:

That scares me a bit. Everything going up and no extra funds coming in.

People are used to a certain lifestyle and can no longer afford it. They run up the CC then they start skipping payments on things.

How far down will they get before the rent is on the chopping block? --107.147.xx.xxx




Avg Credit Card usage (by Oregon Woodsmoke [ID]) Posted on: Jun 29, 2022 9:57 AM
Message:

They are buying he same amount of stuff, it is just that the price of everything has gone up. --76.178.xxx.xxx




Avg Credit Card usage (by Oregon Woodsmoke [ID]) Posted on: Jun 29, 2022 9:59 AM
Message:

Actually, if their balance only went up $500 with the new higher prices, they have cut back on what they are buying. --76.178.xxx.xxx




Avg Credit Card usage (by Ray-N-Pa [PA]) Posted on: Jun 29, 2022 11:49 AM
Message:

The number of bankruptcies locally has increased. --24.101.xxx.xxx




Avg Credit Card usage (by Hoosier [IN]) Posted on: Jun 29, 2022 2:56 PM
Message:

Scary times. We've had 3 tenants move out this year already. One was evicted, on on his own choosing, and the third is in process. I'm not concerned about it...we've sold the two houses and made good profits.

But if you're keeping rentals, this should be a concern. Extra focus on the credit report and CC balances would be good. --99.92.xxx.xxx




Avg Credit Card usage (by 6x6 [TN]) Posted on: Jun 29, 2022 7:50 PM
Message:

Brad, you've moved up to 20,009?

Hoosier, are you selling all of your rentals?

--73.120.xx.xxx




Avg Credit Card usage (by BRAD 20,000 [IN]) Posted on: Jun 29, 2022 11:43 PM
Message:

6man,

Good catch!

No, just fat thumbs on mu iPhone.

BRAD --73.103.xxx.xxx




Avg Credit Card usage (by BRAD 20,000 [IN]) Posted on: Jun 29, 2022 11:43 PM
Message:

6man,

Good catch!

No, just fat thumbs on mu iPhone.

BRAD --73.103.xxx.xxx




Avg Credit Card usage (by WMH [NC]) Posted on: Jun 30, 2022 8:25 AM
Message:

More people are using credit cards for the benefits these days, too, of which there are many.

We just got a letter from one of our CC companies that we are not carrying a large ENOUGH balance, and they are going to reduce our credit limit... --50.82.xxx.xxx




Avg Credit Card usage (by Deanna [TX]) Posted on: Jun 30, 2022 10:22 AM
Message:

A tank of gas is just under $100. ($90-$91 if I can get a good deal.) The $4.50 milk is now $7.50, and the $3 milk is now $5, although if I shop right, I can get it for $3.

Not everyone has the time or opportunity to find the $4.30 gas instead of the $4.70 gas.

I'm surprised it's not up more. --172.58.xxx.xx




Avg Credit Card usage (by Pmh [TX]) Posted on: Jun 30, 2022 6:22 PM
Message:

last year everyone had the “free” govt $ to pay down debt. WMH: that is nothing new. cc cos have always reduced limits if not being used. they want you to use & if you don’t then little reason to keep your line so high. they reduce your line & increase someone else’s. --107.120.xx.xx



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