Tuesday, September 23, 2008

The Bad Credit Drug

Would you like to open a charge account and save 10%?

In every line in every store across every town in this country you hear that question.

As an American, I am guilty of falling for the credit card. It is a drug. You think, oh, man, they just gave me a credit line of $2,000!!! Do you know what I can buy with that? I know it's going to take me the next two years to pay it off with only a $20 per month fee but hey, I really want that plasma t.v.!!!

Luckily for me, I only have one credit card that's ever really done any damage. It only happened because the company handling my account pulled a dirty trick. They changed my payment date from the 21st of the month to the 20th and never even told me.

On the other hand, I have student loans and car loans that are all racking up hefty fees.

How on earth are we ever supposed to get out of debt with all of these creditors breathing down our necks making us crazy? It just makes us want to go out and spend more money to get away from it all, on credit, of course, because all of our real money is tied up in bills.

Well, I am finally owning up to my addiction and getting some help. I found a company called Christian Credit Counselors who, within ten minutes of my application being submitted, called me and got right to summing up my bills.

I plan on not making any purchases unless I have the cash. That was how I did it in the good old days, before I decided to "build my credit." (The sound of creditor's hysterical laughter in the background.)

You can check them out at http://www.CCCFree.com

1 comment:

rvivekshanmugam said...

Liked ur Blog very much...
This is Vivek Shanmugam!
Can we exchange links?!
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Keep Blogging!