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soelost commented on Show HN: The $10 coffee that tanked my credit score   cretit.com... · Posted by u/soelost
pwg · 3 months ago
> Your balance won't hurt your credit score.

This implies "carrying a balance". Which, if true, is far worse than a 50 point credit score loss, because the interest on credit card balances usually is just shy of being high enough to be defined as Usury.

Credit cards are best used when one pays the balance in full every month, so that no interest charges accrue.

soelost · 2 months ago
Your balance is the unpaid amount on any given day. Your utiization is a snapshot of your balance on your statement date.

You could have a 0 balance for 28 days and unknowingly make a large purchase the day before your statement closes and now youre at 63% and your score takes a hit. You could also be at 63% of your limit for 28 days and pay just before your statement closes and have a 0% utilization and your score doesnt take a hit.

So even if one pays the balance in full every month, so that no interest charges accrue, they can impact their credit if timed incorrectly and that could lead to higher rates elsewhere.

I'm sorry it didn't translate as I'd hoped.

soelost commented on Show HN: The $10 coffee that tanked my credit score   cretit.com... · Posted by u/soelost
leakycap · 3 months ago
Clicking your link in Safari results in a download, not a page load.

Sounds like an interesting concept, but there is more to it than a simple 30% rule, surely?

soelost · 2 months ago
It was trying to download the PWA then the domain started giving me issues. Its now at https://whichcard.info

Yes, theres more to that than the 30% rule.

The goal is to optimize your utilization: - start with the 30% rule for daily management - spending: dont use AMEX until tomorrow - use Chase instead - bills: move AXA car insurance to Discover card to save $10/mo - due date: move utility bill from 7th to 10th to drop utilization 9% * avoid spending between due and statement date because that could "undo" your payment and artificially spike your utilization

soelost commented on Show HN: The $10 coffee that tanked my credit score   cretit.com... · Posted by u/soelost
saaaaaam · 3 months ago
Why is this asking me to download something when I click the link on mobile?
soelost · 2 months ago
It was trying to force download the PWA then the domain started giving me issues. Its now at http://whichcard.info
soelost commented on Show HN: HumanAlarm – Real people knock on your door to wake you up   humanalarm.com... · Posted by u/soelost
prats226 · 3 months ago
You can always put automation for your google home to blast music at full volume at right time. And if you don't wake up from sound of music yourself, your neighbour will knock on your door for sure!
soelost · 3 months ago
Ha! Or the police.
soelost commented on Show HN: HumanAlarm – Real people knock on your door to wake you up   humanalarm.com... · Posted by u/soelost
squishington · 3 months ago
Sorry, it wasn't my intention to demean the project. I can just see a humorous aspect to it. The human element reminded me of Mancierge https://www.youtube.com/watch?v=d4WrPkKc2Wg
soelost · 3 months ago
Your comment actually made me laugh. I replied saying, "My feelings have been hurt! laughing emoji", but didnt realize the emoji didnt send.

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u/soelost

KarmaCake day20December 19, 2018View Original