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Old 03-24-2007   #11 (permalink)
redcow
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This is the biggest problem with credit cards.You may end up having a big debt which will be impossible for you to pay back.
This is why I use my credit card moderately.
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Old 03-25-2007   #12 (permalink)
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Getting out of debt is one of the biggest problems I could ever imagine. Self discipline is needed to get out of debt. My mom has experienced this. We cut off at least 50% of out total expenses every month just to fully pay her debt. We paid it for one year. That serves as a lesson to me.
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Old 04-25-2007   #13 (permalink)
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It gives a mental tension whenever I am in debt as I am most of the time thinking how to manage my chores to get rid of the outstanding debt.
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Old 06-07-2007   #14 (permalink)
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Yes you should,It really depends on the types of lifestyle you live .
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Old 06-23-2007   #15 (permalink)
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I think debit cards are pretty good and I face no problem at all using them as their is a certain limit and you can't cross it...
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Old 10-13-2007   #16 (permalink)
Deirdre
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Credit card debt can affect a persons health tremendously, it can cause arguments within the home and people become stressed.

If you are nearing credit card debt, make a payment plan and stick with it, cut up the cards and cancel them.

Do not ignore debt because it grows and will remain until you clear it.
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