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Old 04-06-2007   #6 (permalink)
alex
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Join Date: Feb 2007
Location: New York City, New York
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First you start off with no credit, so you feel like you will never be able to get credit. Then you manage to get a few smaller cards, figuring, ok, will pay these off no problem. Then after that goes well, you start getting larger and larger cards, thinking, well, if I couldn't pay them, they wouldn't give them to me. A few months go by, building up debt without even realizing it. Before you now it, you are $$$,$$$ in credit card debt and no way out.

Wow, that was a rough ride

You can get in over your head very quickly and no one is immune.

Best lesson, if you can't afford it, don't buy it.
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Alex Corral
preCharge Risk Management Solutions
http://www.precharge.com/
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