reply to post by MoonMine
Everyday now it's hard to watch TV without some "Expert" coming on
talking about who,what,why,when.
All these Experts will give their advise but not ONE will come out say:
If your having problems paying your bills then tear up the Credit Card.
Now, Dr Phil must be telling people about how to improve their life and
he sometimes tells people to tear up Credit Card, but he's not an "Expert"
on money.
So is it Economic Vandalism if an Expert advises you to tear up your Credit
Card, or is Economic Vandalism if an Expert advises you keep spending?
While tearing up the card would certainly benifit those people, but doing so
would really hurt the likes of Visa,Amex,Mastercard etc...
These companies survive purely on the fact you can't afford anything.
I'll bet everybody knows somebody that:
Has multiple credit cards?
That pays off one credit card with another credit card?
Everybody I know has at least 2 Credit Cards, and a few have 6!!
Why does anyone need so many credit cards?, this is crazy.
But wait theres more......
You actually needed to earn more money 10 years ago to get a
GOLD Amex,Visa. So to get a credit today, if your on the Dole you
can't get a credit card, you would need to get a Paper Route to supplement
your Income first. Somebody actually registered their C.A.T for a credit
card, even had the word CAT on the form. It was Approved.