posted on Dec, 24 2007 @ 10:24 AM
I myself used to be in a similar problem, but luckily, I got out of it and will not be going back to credit cards or loans.
If I haven't got it, I can't spend it.
The Uk has been suffering from this credit card problem for quite a while now and more and more people are claiming bankruptcy to get out of it. It's
quite a good method if you look into it.
Either that, or if you're able to, walk away from the debts. It's not theft or fraud.
You can actually pay back what you can afford, and they must accept whatever you pay, even if it's 50 cents a week.
There is one other method you can try to clear it all. It's crafty but perfectly legal if contested but not sure if I can post that method here :-)