http://www.debtmanagementdepartment.com/credit-card.html Credit card companies want you to stay deep in debt. Find out how to avoid that! en-us Thu, 16 Jun 2005 14:58:10 EDT Thu, 16 Jun 2005 14:58:10 EDT Weblog Editor 2.0 Every time that you use your credit card, you are taking out a loan from the issuing bank. We want you to think about that for a few moments. Every time that you pull out your credit card to pay for dinner, that's you asking the bank for $40. Would you walk into your bank, sit down at the lending officer's desk and ask them "Oh, yes, I'd like to borrow around $50 so I can take my girl out on a date tonight?" No, you wouldn't - because it'd be silly to create debt for such a minor event, correct? This is what you have to have in your mind when it comes to using your credit card. Repeat it - every time you use your credit card, you create credit card debt. It's important to acknowledge this because we don't want you to think that we're against credit cards at all. In fact, without the help of the credit card companies that we've worked with, we'd not have been able to start this company, but what are you doing with your cards? Are you using your credit card to take care of things like grocery purchases, gasoline, and even your utilities? All this does is create interest, and even if you're earning valuable rewards such as an iPod for every $20,000 that you spend, that's not what you should consider your credit card capable of doing. If you're going to rack up credit card debts, you should make sure that they are, at the very least, for worthy causes, such as home improvements or vacations. Causal, day to day spending on your credit card can only really lead to one thing unless you're truly wealthy and able to pay off the bill each month on the day it arrives. You really don't want to have to talk to a credit counseling expert, do you? Thu, 16 Jun 2005 14:58:10 EDT http://www.debtmanagementdepartment.com/credit-card-debts.html Credit card debts need to be taken care of before they climb too high. en-us Tue, 09 Aug 2005 08:17:03 EDT Tue, 09 Aug 2005 08:17:03 EDT Weblog Editor 2.0 http://www.debtmanagementdepartment.com/credit-card-debt.html Credit card debt is a burden that all consumers would love to vanquish. en-us Tue, 09 Aug 2005 08:14:45 EDT Tue, 09 Aug 2005 08:14:45 EDT Weblog Editor 2.0