Beware of Credit Cards

syed.ilyas · 04-03-2007

Kindly Post your bad Experiences by usage of your Credit Card. So that others can learn out of it.

syed.ilyas · 04-03-2007

I ll start,
Once i went to super market, i remembered that i did not bring enough cash, then i thought of using card, i had filled two TROLLEYS and in the end i had to return Empty Handed as CREDIT CARD did not work. So from next time i double check before going shopping.

joecool6101 · 04-03-2007

My bad experience is that i had a hard time when i first got my card to not spend any money but I always spent more then i had and said to myself that I would pay it off... After 2 months I had $6,000 on my card.. I know how to stop myself now.. i basically never use it.

-Joecool6101

Althema · 04-05-2007

I once made the mistake of getting a card, on my account, for my ex, in his name. That was a bad mistake, because I gave authorization for him to use it I was still held liable when the bill came in. A bill in the tune of thousands, that he spent on his girlfriend.....Lesson that was learned, do not trust even your spouse with ANYTHING, much less your credit.

dovic1 · 04-05-2007

I went shopping one time for groceries, I wanted to use my credit card, but I forgot to activate it.

alex · 04-05-2007

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.

stealth · 04-08-2007

I was expecting I had some credit lefts based on my purchases. But when I paid the items I ordered, my card was denied . The reason is over the credit limit. I wondered why. I was notified that credit card company charged my annual fees including my supplementary account holders and over the credit limit penalties.

mike4rd · 04-08-2007

any time I get a bill is a bad experience

Seriously, business dinner, big client, big dinner, $50 in my pocket, credit card in other suit

sweeper · 04-12-2007

I defaulted on my bill payments for several due payment dates causing my bills to accumulate . I ended up receiving demand letters from the credit card company which ultimately led me to loan out funds to pay my card in full. It's double jeopardy for me. It's indeed a big lesson.

krawner · 04-17-2007

i bought a credit card it took 2 days to get activated and then i shopped for around 500$ and then aon my first statement i got a suprise of 5000$ to be paid to the creditr card company for things which was 500$ only ,, it took 2 months to make them clear about the things i shopped ..
after that i said good bye to this credit card

04-03-2007	#1 (permalink)
syed.ilyas Junior Member Join Date: Apr 2007 Posts: 11 Rep Power: 0	Beware of Credit Cards Kindly Post your bad Experiences by usage of your Credit Card. So that others can learn out of it.

04-03-2007	#3 (permalink)
joecool6101 Senior Member Join Date: Mar 2007 Location: On, Canada Posts: 250 Rep Power: 2	My bad experience is that i had a hard time when i first got my card to not spend any money but I always spent more then i had and said to myself that I would pay it off... After 2 months I had $6,000 on my card.. I know how to stop myself now.. i basically never use it. -Joecool6101 __________________ Gamer Forums \| Free Flash Games \| Free File Uploads

04-05-2007	#6 (permalink)
alex Member Join Date: Feb 2007 Location: New York City, New York Posts: 43 Rep Power: 0	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. __________________ Alex Corral preCharge Risk Management Solutions http://www.precharge.com/

04-08-2007	#7 (permalink)
stealth Member Join Date: Apr 2007 Posts: 71 Rep Power: 2	I was expecting I had some credit lefts based on my purchases. But when I paid the items I ordered, my card was denied . The reason is over the credit limit. I wondered why. I was notified that credit card company charged my annual fees including my supplementary account holders and over the credit limit penalties. __________________ Premium paid directory Daily updated software blog 3DMax and Photoshop tutorials

04-12-2007	#9 (permalink)
sweeper Junior Member Join Date: Apr 2007 Posts: 29 Rep Power: 0	I defaulted on my bill payments for several due payment dates causing my bills to accumulate . I ended up receiving demand letters from the credit card company which ultimately led me to loan out funds to pay my card in full. It's double jeopardy for me. It's indeed a big lesson. __________________ Charge me!

04-03-2007	#2 (permalink)
syed.ilyas Junior Member Join Date: Apr 2007 Posts: 11 Rep Power: 0	I ll start, Once i went to super market, i remembered that i did not bring enough cash, then i thought of using card, i had filled two TROLLEYS and in the end i had to return Empty Handed as CREDIT CARD did not work. So from next time i double check before going shopping.

04-05-2007	#4 (permalink)
Althema Member Join Date: Apr 2007 Posts: 66 Rep Power: 2	I once made the mistake of getting a card, on my account, for my ex, in his name. That was a bad mistake, because I gave authorization for him to use it I was still held liable when the bill came in. A bill in the tune of thousands, that he spent on his girlfriend.....Lesson that was learned, do not trust even your spouse with ANYTHING, much less your credit.

04-05-2007	#5 (permalink)
dovic1 Member Join Date: Apr 2007 Posts: 67 Rep Power: 2	I went shopping one time for groceries, I wanted to use my credit card, but I forgot to activate it.

04-08-2007	#8 (permalink)
mike4rd Senior Member Join Date: Apr 2007 Posts: 110 Rep Power: 2	any time I get a bill is a bad experience Seriously, business dinner, big client, big dinner, $50 in my pocket, credit card in other suit

04-17-2007	#10 (permalink)
krawner Member Join Date: Apr 2007 Posts: 31 Rep Power: 0	i bought a credit card it took 2 days to get activated and then i shopped for around 500$ and then aon my first statement i got a suprise of 5000$ to be paid to the creditr card company for things which was 500$ only ,, it took 2 months to make them clear about the things i shopped .. after that i said good bye to this credit card

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