Just received my first Credit Card!

**Flashmo** · 10-18-16, 06:23 AM

Be careful

**Optional** · 10-18-16, 06:24 AM

It depends on the card but many will call a Neteller deposit a "cash advance" which often attracts a significantly higher interest rate and no interest free period.

You probably won't be able to find out for sure until you do one.

Gambling on credit is a road to ruin though. Especially when there is interest on it as well as with a card.

**Optional** · 10-18-16, 06:26 AM

Another trap to look for before you do this is find out if your bank applies your re-payments to cash advances first or last.

If they do it last then you will need to clear your card balance totally back to zero before those higher cash advnace interest rates can be stopped.

**juicername** · 10-18-16, 06:33 AM

Do it baller. Gotta be in it to win it.

**Bostongambler** · 10-18-16, 06:49 AM

First credit card? U still in high school?

**Otters27** · 10-18-16, 06:52 AM

Don't do it. That is how I became bankrupt and over 50 k in debt

**beefcake** · 10-18-16, 06:54 AM

Originally posted by Ballerholic

Oh boy

I'm just wondering if it is a bad idea to transfer credit over to my neteller account so that I can play poker? I hear it is bad to take out cash advancements? WTF. So will I be charged a lot if I do transfer credit over to my neteller account?

This kid has balls of steel...Stupid..But HUGE BALLS

**Booya711** · 10-18-16, 06:55 AM

Originally posted by Bostongambler

First credit card? U still in high school?

my thought exactly...I had a credit card in high school. Reading the post makes sense on why dude has never had one BG

**QuangX** · 10-18-16, 07:03 AM

This story does not end well

**unusialsusp5** · 10-18-16, 07:10 AM

Originally posted by Otters27

Don't do it. That is how I became bankrupt and over 50 k in debt

that happened because you refuse to bet anything but huge money line favorites.

**RudyRuetigger** · 10-18-16, 07:21 AM

unreal pal

you need tips on prom as well?

**Auto Donk** · 10-18-16, 07:25 AM

max out cash advance, got to roulette, put it all on red, double it up, take half up to your room, put it in the safe.... take the other half and go have fun

what i do every trip

**triplecrown333** · 10-18-16, 07:50 AM

one card is not enough to rotate, apply as many as you can, run that shit up ...

**funnyb25** · 10-18-16, 09:45 AM

Originally posted by RudyRuetigger

unreal pal

you need tips on prom as well?

I really enjoyed winter formal over prom

**Sam Odom** · 10-18-16, 09:53 AM

Originally posted by QuangX

This story does not end well

The Brock Landers Story

coming to a theater near you

**DrunkHorseplayer** · 10-18-16, 09:56 AM

The interest rates on cash advances are huge; on top of that, never gamble on credit.

**jjgold** · 10-18-16, 09:59 AM

this is a disaster waiting to happen

fuk

**triplecrown333** · 10-18-16, 10:02 AM

he is good to go, no debtor jails in america last i check...

**JAKEPEAVY21** · 10-18-16, 10:03 AM

I got myself into trouble around 15 years ago gambling on credit

be careful

**Sam Odom** · 10-18-16, 10:07 AM

few years ago , one big name book offshore charged your CC for Merchandise. Not sure what kind of 'deal' they had with the Merchant

did not last long

**unde0087** · 10-18-16, 10:08 AM

Originally posted by jjgold

this is a disaster waiting to happen

fuk

JJ takes a loan out on his car to gamble but then acts like this guy is fuked up for using a CC, you can't make this shit up

#stayinthegame

**Sam Odom** · 10-18-16, 10:09 AM

dont need a car in Vegas.... Uber/Lyft are King

**sweethook** · 10-18-16, 10:30 AM

cash in hand is better . cut that card up

**Sam Odom** · 10-18-16, 10:32 AM

very hard to travel/vacation without a CC

keep it but do NOT gamble with it

**Mac4Lyfe** · 10-18-16, 10:35 AM

Originally posted by triplecrown333

he is good to go, no debtor jails in america last i check...

else Donald Trump would have went to jail multiple times... Do what he does, run up a massive bill than duck behind bankruptcy protection.

Word of advice. Never charge anything on credit that you don't expect to pay off in the first month to avoid interest. If you are not self disciplined cut that card up. I've dated many woman but my wife was the first that didn't have debt. If your girl has a balance.. find a new girl.

**jjgold** · 10-18-16, 10:59 AM

Hallic you're a mess

I would cut the card up right now save yourself 30,000

**Merella** · 10-18-16, 11:13 AM

another one in the don't do it camp

**hanziman** · 10-18-16, 11:15 AM

oh man, now you'll never have issues with having funds available

Just remember, if you can pay it off - it's virtually 30 days of free money.

Enjoy!

**Russian Rocket** · 10-18-16, 11:21 AM

Forget gambling and poker. You need to look ahead down the road when in a few years you'd want to buy your first house or get a personal loan to start a business...etc. For that you'd need to have a great credit history.

Maxing out on a cash advances to gamble is a death trap and will undoubtedly destroy your credit...especially if you only have one CC.

What you need to do with this card is start making a few small purchases each month (like buying groceries or putting gas in your car).
When the bill is due, depending on your situation, you can either pay off the full amount owed or make payments.

From an optimal credit score perspective, paying interest on a balance doesn't help your score. Using your credit card a few times a month is enough to build a history of responsible credit use and payment. Make monthly payments for a minimum of 6 months to establish a credit record and then pay off the full balance as soon as possible.

Do not let your cards sit idle for too long or you run the risk of having your card and account closed by the lender due to inactivity which in some cases causes potential lenders to view your credit worthiness as less than desirable.

**funnyb25** · 10-18-16, 11:56 AM

That's the problem...people looking for instant gratification rather than long term consequences. Live and learn I guess...but it doesn't have to be that way...BOL holic...

**jjgold** · 10-18-16, 11:58 AM

Holick it's probably best you enroll into a compulsive gambling program because they carry that subject

I have no ************ anymore and zero credit rating because I maxed them al out gambling

**Sam Odom** · 10-18-16, 12:08 PM

Originally posted by jjgold

I have no ************ anymore and zero credit rating because I maxed them al out gambling

JJ ... are you cash only these days ?

Easy to do in Vegas... Vegas is a CASH Town

**teaserpleaser** · 10-18-16, 01:05 PM

Lolz I did that shit in my 20s gambling with ************ not a good road to be on...

I'd recommend you use that cc for bills then pay it off in full each month and watch your credit score increase.

Or or you can use it to fund your netteler acct to play poker.

**grease lightnin** · 10-18-16, 01:43 PM

One of my buds did this to himself in his senior year of college. He was fukked for a while. Don't do it dude