Crazy Credit Abuse

[CRBFL]

Ouch.
How do people let things get this bad? Those figures are ridiculous, but I know there are thousands of people out there doing worse!

Some days I'm really thankful for being financially mindful.

 

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[yveskleinsky]

Wow. There are so many things wrong there on so many levels it's hard to digest. I work with people all the time who are $50k or more in credit card debt. You would think the shock value would wear off- but it doesn't. Part of me wants to carry around a bottle of water just so I can take a drink and spit it out when people tell me how in debt they are. ...just to make a much needed, yet very sarcastic point.

 

[BLK85]

What makes people think they can spend money they dont even have? I use credit cards every month for a lot of my expenses, but I always keep track of how much is on them and always pay them off every month even if I did spend a little more than I should have. I have had a credit card since I was 17(22 now) and have never paid a finance charge.