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The next meltdown: Credit cards?

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    #16
    Originally posted by Flamingo View Post
    Fabulous article in our paper today about how the "Buy It Now" era is over and gave examples of people not knowing how to survive without credit cards. All their balances are run up now because of the economy (no cash - used the cards due to no cash) and they have no idea how to survive without the credit cards. Now that the credit card has been maxed out, they don't know what to do. Unfortunately, that is the way life has become for many people...utilizing credit to cover living costs and not knowing how to live without them. Many people are going to learn how bad credit cards can be as they are not cash.
    If I knew it all, would I be here?? Hang in there = Retained attorney 8-06, Filed 12-28-07, Discharge 8-13-08, Finally CLOSED 11-3-09, 3-31-10 AP Dismissed, Informed by incompetent lawyer of CLOSED status, October 14, 2010.

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      #17
      LOL, It amazed me how I had all my accounts online and would wait for the paycheck to deposit to the bank so I could log into all my accounts to pay out my bills. Same day in--Same day out. We have done this for almost a year.

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        #18
        Originally posted by Mi Bankruptcy View Post
        LOL, It amazed me how I had all my accounts online and would wait for the paycheck to deposit to the bank so I could log into all my accounts to pay out my bills. Same day in--Same day out. We have done this for almost a year.
        If I knew it all, would I be here?? Hang in there = Retained attorney 8-06, Filed 12-28-07, Discharge 8-13-08, Finally CLOSED 11-3-09, 3-31-10 AP Dismissed, Informed by incompetent lawyer of CLOSED status, October 14, 2010.

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