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Debt


luvle02

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Originally posted by dknybabe2929

I have STUPID debt from when I was 18 and decided to get every card in AMERICA from Visa to BLoomies. Now I had to cut almost all of them up and I am paying for it...I dont even want to look at my credit report:eek:

My situation is similar... got my first card at 20, had a decent amt. of debt by the time I graduated and then quickly accumulated more b/c my first job paid jack... I'm slowly but surely working my way out of the hole...

Seriously folks, do what you can to avoid using your credit card at all costs...

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Originally posted by dknybabe2929

I have STUPID debt from when I was 18 and decided to get every card in AMERICA from Visa to BLoomies. Now I had to cut almost all of them up and I am paying for it...I dont even want to look at my credit report:eek:

My situation is similar... got my first card at 20, had a decent amt. of debt by the time I graduated and then quickly accumulated more b/c my first job paid jack... I'm slowly but surely working my way out of the hole...

Seriously folks, do what you can to avoid using your credit card at all costs...

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i dont usually post anything too personal about myself on these boards but maybe some of you can learn from my mistakes...

i got my 1st credit cards while i was in college, never using them that much since mom and dad were basically paying my way through school. after i graduated, i totally slacked off and didn't get a "real" job right away so i was making little money, but had a lot of bills (rent, utilities, college loans, etc). i started using my credit cards to pay for bills, then i just went buckwild and spent spent spent. i couldn't/didn't make the minimum payments on a few of my cards and had collectors call me NON-STOP. not until one credit agency put a levy on my bank account and threatened to sue me did i finally wake up and see what i was doing.

using credit cards wisely (paying your bills on time, not getting i n way over your head) can help to build your credit. using them like i did can become a huge burden on you and your future.

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