how do credit cards work?

[lincpimp]

I find the humor in credit. I am 28, own ALL of my cars and my house, outright. I have NO credit. If someone wanted to lend money to somebody, it would be me, cause I can pay it back, no questions asked.

So I look like a person who could get credit anywhere? Wrong. I cannot get any credit. So it is a good idea to get a bunch of credit card, with high limits. The "rub" is that you have to be smart with them. Never buy something you can't pay for, ever. Pay you cards off every month, or pay a larger part off every month. It takes the average person 42 years to pay off credit card debt if they pay the minimum every month.

If you are smart you can have a bunch off cards, and never really have any debt. I am sure that there are many books that can tell you what to do better than I can.

I will say that my wife has mediocre credit, and she has owed alot in the past. However her credit score is still better than mine, and that is handy if I wanted a home eq loan, or something similar,

It is all BS if you ask me, and I do all I can to get around it. Can you say "fraud"!??!!??!