Info on Debt Relief and Credit Card Consolidation

I was at my friend’s house this evening when i heard her arguing with her husband. He just got home and she saw that he bought himself a new designer bag that costs almost 5k. He told her it’s alright cos he paid for it using his credit card and no their savings. isnt that just as bad. If he can afford it, then i believe my friend wouldnt be screaming all the way from the kitchen. I even heard her say that he still has many unpaid bills and a few credit card statements that has yet to be settled. No wonder she’s so mad.

If i were in her shoes, i think i’ll be fuming. I know that credit card interest rates can be very high if not repaid in full. If it drags on, he’ll paying a lot higher than what he initially bought the item at. I wouldnt do so if i cannot afford the item. I’d rather go without it than suffer in the end. I know a few of my friends need Debt Relief like Credit Card Consolidation. Everytime i see something that i like, i always make sure i really can afford it. I certainly wouldnt want to be caught in a situation whereby i have to borrow from friends and family members to help me settle my debt one day.

This entry was posted on Wednesday, August 15th, 2007 at 2:18 am and is filed under LL. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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