[Homestead] Throwing the Gun

Clansgian at wmconnect.com Clansgian at wmconnect.com
Sat Oct 4 11:49:30 EDT 2008



> >Once again the typical monthly use-it-and-pay bills are not what I am 
> talking here.

In talking about credit, people mix metaphors and lump things that are paid 
monthly (or weekly, or periodically) with installment loans.  Installment loans 
and revolving accounts are the problem, not things set up on monthly charges. 
 As Wendy points out, this is the same as cash.  I don't have any CC's so I 
pay monthly expenses like phone and electricity with cash.  Someone who uses a 
CC and then pays off the credit card every month to zero is doing exactly the 
same thing.   </HTML>



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