Casino Credit...

Perhaps someone in the credit business can answer this; I think I know the answer:

I noticed on a credit report produced during a recent home purchase the fact that the three casinos (or groups) where I hold a line of credit were denoted on the report. Is this considered a good thing for credit or would a finance company give a negative value to a "gambler"? I would think that as the credit is good credit, it would be a plus. The guy bankrolling my loan couldn't answer one way or another. (The loan was approved without any contentions.)

give no moral value to the lines of credit at casinos. The most important issue is that the accounts are current and do not show any negative activity such as a collection action or such. Credit is credit, be it Sears, Master Card or Bellagio.

I also have lines of credit at a few venues, and applied for a home equity line of credit which closed in two weeks. My credit score was very high, and I was "pre-approved" the day after the application, but all the paper had to travel through the "system".

My line of credit was into 6 figures, and at 4.75%, tied to the prime...I suspect with the recent Fed action it will drop to 4.25%

Now the problem is how to avoid the awesome temptation of utilizing my credit line by purchasing a 2003 (50th anniversary) Corvette and paying for it with a check!! :-)

Regards,
Wildcard

in winnings! I set that as one of my financial goals for my BJ winnings after I retired. Taking less time than I though it would, I bought a beautiful two year old Viper! Love it!

I don't think you and I play at the same level. I'm a green to light black player and don't think I have the intestinal fortitude to move into purple/yellow action. Amassing $60-$80k in winnings, while thrilling, would be a goal I honestly don't think I could reach with the proficiency of my game. I'm happy to win a grand or two.

Congratulations of having achieved your goal on the Viper!!

I've owned two Corvettes, 1969 and 1973. I ordered the '73 and was thrilled to hear, "Mr. X, your Corvette is in"...ahh !!!!!!! Even if I inherited a zillion bucks, I'd still go Corvette, something about the car that is maximum heaven to me. At some point I'll have to get another one and experience what can only be described as "you gotta drive it to believe it". Not a city car, but in the wide open spaces of the West (I live in Atlanta), it is absolutely a supreme experience.

Like you, I am also retired...wife and I are focusing on International travel for a while, and hope to visit New Zealand (via Vegas) in the next month or so. She's with a major airline, thus the perk of free airfare is not to be ignored, plus 90% off on most of the others...hard to pass up!

Continued success with your goals!

Regards,
Wildcard

You will love New Zealand. Spectacular scenary and super nice people. The two times I visited were business trips. I want to go back some day and take a leisurely tour of the country.

Neko

If we survive the flight from LA, we should have a good time. Can't decide whether to "wing it" and drive...as you know, they drive on the other side...or become a piece of meat in a tour.

The tour thing doesn't ring too good with me, I don't like having to meet someone else's schedule.

Indeed I expect to see some spectacular scenery, wish I had time to fish for some world class brown trout that NZ is blessed to have in abundance. Have Fodor's latest on NZ...much to see and do!

Have you figured out that camera yet? :-)

Take care,
Wildcard

Beautiful place, New Zealand...If you enjoy trout fishing try it out as well.

You should be able to get a good deal on a rental vehicle with your wife's flight benefits (brother's a 767 pilot). As I recall fuel wasn't that cheap though.

Try:
AVON PERCY RENT A CAR/AVON FREEDOM HOMES P.O. Box 19-778,Christchurch. Tel: (3) 379-3822; fax: (3) 365-5651; email: avonrentacar@xtra.co.nz. (20% or + discount)
Kemwel Holiday Autos, 106 Calvert St., Harrison, NY 10528. Telephone: (800) 678-0678; (207)842-2124; fax: (207) 842-2285. (15% or + discount)

And the Vet, well you know what they say " The Vet makes 'em wet!" Being out west does allow for a heavier foot on the gas.

Hope you have fun!

It's the photographer who needs practice!

Neko