Credit Card Counseling - The Light at the End of the Tunnel

For many individuals, their credit card might be their longest lasting financial liability. The interest rates charged are exorbitant and buying things one cannot afford is how many people snowballed into a large, unmanageable debt. A high interest card would make that debt grows even more. What credit card companies did not want you to realize is that they were giving you a false loan. You did not need a loan, you needed a stern wake up call. You needed a credit card counselor. Debt is like a bottomless black hole, you become sucked into it so deep, that you cannot come up above the hole. And all you can do is complain and do nothing about it. It is about time we understood that banks only make money from the bottomless pit of debt that they themselves have created. The minute the government stopped them from printing money to buy politicians and support the banks; things would have been better for us all. If there are any jobs out there, pay them at retail prices. If you want to go to college or learn a trade, do so at restaurants. If you need a savings account, why not build one at the grocery store. Why not pay ten dollars an hour for thirty years to a credit card company. Why? It's a get rich quick scheme. When countries do not trust each other financially, these countries do not progress. They stagnate and great powers struggle. The middle class in the US is becoming obsolete. If you want to be up with the law while you are building wealth, go to jail where the laws refuse to help you. For those going into businesses or getting into education, there are benefits awaiting you. Banks are very competitive with each other to lend money. Some credit card companies offer 0% interest as long as you make your payments on time. They are willing to give you a chance. Go back to school and get a training. This is the time to be a citizen and give back to your community what was taken from it. If you have outstanding credit card debt and are thinking of bankruptcy, seek credit card counseling. This is a free service that can give you much leeway and bring down your interest rate and eliminate late fees. These helpful resources can stop collection agencies from harassing you on the phone. Most companies can lower your interest rate and stop the renewal of the credit card bill every month. Just because you have a credit card does not give you license to spend money indiscriminately. If you cannot afford it, do not buy it. Do not get me wrong. It will always be there and will only change the appearance and the number on the card. The real damage can happen later, and then you will owe huge credit card bills for years. This is not to be avoided. Like all debt there is a light at the end of the tunnel. Credit card counseling can get you out of debt without the permanent pain of a bankruptcy on your credit report. The site uses cookies. They allow us to recognize you and get information about your user experience.By continuing to browse the site, I agree to the use of cookies by the site owner in accordance with Cookie policy