How does someone do it, living off of several credit cards? Do they ever pay them all off and how?
Pulling up to the gas pumps my friend pulls out her wallet. she had so many credit cards (she couldn't decide which one to use). How many people live credit card to credit card to get by?
I don't think they can ever pay them all off. They probably just pay one with the other. Or they pay off one while using the other cards. It's only a matter of time before the minimum payments exceed their income and then they go bankrupt.
I agree with you totally, but they have a beautiful home and so many materialistic things it amazes me. How does one even sleep. Thank you for commenting, wish I could help them.
Living off of credit cards is a vicious and never ending cycle, and I don't see how they can ever be paid off.
Thank you for commenting and I totally agree
I doubt if they can. That would have to take discipline that might not have been used previously. It's is possible but not likely unless a major change occurred. The interest is what kills people so it's always best to pay it all off each month (don't spend what you don't have) or not use yours unless you can.
by Gous Ahmed 13 years ago
If you pay off credit cards by getting a loan out, aren't you in the same position still?Maybe a loan won't have interest increase like credit cards, but what is the best way to get out of this situation for good?
by sandra rinck 15 years ago
Let me start off with roolllff! Everytime I look at a bill I get sick, everytime I need to bust out a credit card just to make it to the next month I wanna puke. Trying to get along in a busting economy is making me sick. I do need advise, good advise in a couple of areas,...
by Al Wordlaw 8 years ago
What do you think is better to do if you were $100,000 in debt with credit cards and bills but thenyou either won it or received a $200,000.00 inheritance? Would you pay off the debt and bills or ignore them and enjoy spending the $200,000?
by Davinagirl3 13 years ago
My husband and I are looking to buy a house in the upcoming year. We have run into some trouble looking for a lender because our credit is, for lack of a better term, crap! I am looking for ideas on how to raise our scores. We pay our bills on time, so that isn't the...
by Gary Anderson 13 years ago
I just wrote a hub on this, but what I want is to have a discussion here. This is the issue: the senate voted on 5/19 to forbid the states from setting caps on interest rates for credit cards. The injustice of this is that the state in which the credit cards are issued, namely South Dakota and...
by Karina S. 13 years ago
Do you know how to improve your credit score?
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