Credit Wagering

**milwaukee mike** · 09-19-17, 07:32 PM

Originally posted by Shute

Interest on a loan 5-6% is a steal if you can make it work.
************ w 17-20% monthly are a career-ender.

bingo

the 5-6% really costs you about 1/2 as much if it's for a business

i was too dumb or conservative to buy some property in florida/arizona/vegas in 2012 and rent it out

**MJFtheGenius** · 09-19-17, 07:43 PM

Originally posted by milwaukee mike

other than buying a house, and maybe going to college, people shouldn't have debt

wait until you actually have the money to bet or buy something, what a concept!

college tutition is bad debt. #1 debt in country these days is college debt. I am considering going back for my HS diploma though

**MJFtheGenius** · 09-19-17, 07:45 PM

Originally posted by thomorino

If you want to wager on credit and have a good credit score you can just find a credit with zero interest the first year and deposit at books with big bonuses, you don't need a bookie who might not pay you to extend credit.

My buddy met with a big shot banker today and was approved for a secured credit card for $500 credit line, they want the the $500 pre paid what a joke

**thomorino** · 09-19-17, 08:20 PM

Originally posted by MJFtheGenius

college tutition is bad debt. #1 debt in country these days is college debt. I am considering going back for my HS diploma though

Student loan debt is much easier to handle than credit card debt, you can write-off the interest and if your loans are subsidized they don't accrue interest when you are in school and not working.

**grantingyou** · 09-19-17, 08:47 PM

I consider myself very lucky as I have 2-3 post up shops and 5 credit outs with 3 of them I use regularly. I don't post very much, but the credit book is something I know a lot about. First, your personal credit has nothing to do with and the poster that made this has to be joking.

However, you can find local guys at the local bar, but if you're looking for a big shop like BetBuckeye, Grande, Pinny, BookMaker, etc, you don't find them for credit they find you. For them to find you, you must have a reputation of never stiffing and have a good name among several books.

**jjgold** · 09-19-17, 08:49 PM

local books stiff

stay away

credit from the big boys a different story but you need proven bankroll