Comments on: Why Do People Fall Into Credit Card Debt?

By: rent textbooks online

rent textbooks online — Wed, 17 Aug 2011 15:49:48 +0000

I avoided CC’s till just recently and i will never carry a balance unless it is absolutely necessary.

By: Jen

Jen — Tue, 24 Aug 2010 14:28:11 +0000

I recently graduated from college with probably over $6,000 in credit card debt. Let me tell you, those people that ask how can it happen don’t know how easy it is. When you’re that young and someone sends you an application for a card that you can charge pretty much anything on ie alcohol, food, apartment supplies, spring break trips, etc, things that you would usually have to ask your parents for, it’s like you’ve won the small lottery. I don’t know about other people but when I was charging that new top or groceries for the next two months, I was definitely not thinking about high interest rates and having to pay back the amount. It’s easier than it looks to fall into credit card debt, especially at that age when you’re on your own.

By: Credit Card Debt: The Revolving Door

Credit Card Debt: The Revolving Door — Sun, 15 Aug 2010 21:56:45 +0000

[...] So why do we fall into credit card debt? We know it is a bad situation? But we still continue to do it? The Broke Grad Student asked that exact question after watching one of those credit card debt reduction commercials on TV. [...]

By: Wedding Planning Checklist

Wedding Planning Checklist — Thu, 03 Jun 2010 01:01:06 +0000

There should be a credit card or how to manage debt course in college. Some parents don’t even know enough about it to really help!

By: Twin XL

Twin XL — Sun, 17 May 2009 15:46:35 +0000

In college it happened because I thought $15 a month? I can pay that, even more! Then I got about 4 credit cards, and I bought a lot of crap and maxed them all out, then I was paying $100 a month, that I already couldn’t afford and I got buried. Thankfully I finally dug myself out.