tag:blogger.com,1999:blog-7082887.post6257527817644448559..comments2023-10-30T07:39:04.857-07:00Comments on Random Thoughts- Do They Have Meaning?: Credit Card Problems- The System is BrokenJack Steinerhttp://www.blogger.com/profile/16625864271071630940noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-7082887.post-42596981296550612162009-02-15T04:30:00.000-08:002009-02-15T04:30:00.000-08:00debt is pretty debilitatiting, for the pocketbook ...debt is pretty debilitatiting, for the pocketbook and the psyche.<BR/><BR/>I find it amazing, and twisted, that when this guy asked for help arranging payments, to <I>avoid</I> default, he was told that going into default would gain him more options.Michaelhttps://www.blogger.com/profile/01314897574215489135noreply@blogger.comtag:blogger.com,1999:blog-7082887.post-29629706525217056132009-02-14T06:53:00.000-08:002009-02-14T06:53:00.000-08:00I am so sorry to hear that story. It is criminal h...I am so sorry to hear that story. It is criminal how the banks have encouraged people to live beyond their means. What is worse now is that we have to help the banks who refuse to help us unless, the government makes them help. I wish we had a good alternative to banks.The Misanthropehttps://www.blogger.com/profile/15697151793588884333noreply@blogger.comtag:blogger.com,1999:blog-7082887.post-81814737535789656372009-02-13T19:15:00.000-08:002009-02-13T19:15:00.000-08:00They say fear is the mind killer, but in my experi...They say fear is the mind killer, but in my experience debt is also pretty effective. I get a little closer to debt-free each week and it's like slowly coming out of darkness into the light. I really sympathise with your friend. It's a surprisingly easy situation to get into and so very hard to leave.<BR/><BR/>He should enquire about debt consolidation, which will likely result in a lower interest rate than he's getting on the cards and a lower monthly payment overall. But if it isn't accompanied by cutting the credit cards in half and never using them again, it won't save him - it will make things impossible. I really hope he can get it worked out.choshahttps://www.blogger.com/profile/07724444970503533654noreply@blogger.com