Comments on: Carnival of Debt Reduction, Thanksgiving Week Edition

By: Debt Consolidation - Knowing All the Options You Can Use!

Debt Consolidation - Knowing All the Options You Can Use! — Sat, 15 Aug 2009 08:34:13 +0000

In these modern times we all seem to know an awful lot more about debt than ever before as many of us have it in abundance. Trying to find someone who has no debt whatsoever is like trying to find a needle in a haystack and you would be forgiven for thinking that they don’t exist.

Is it just me, or is there something wrong with this picture? Surely there should be more people free of debt? In our apparently wealthy and well-developed western world one would think that we would have the knowledge to help us live free from debt yet this is not the case.

With all this debt, more and more of us are beginning to buckle under the burden and one of the main causes is our love of the credit card or rather the love of being able to purchase things that we can’t afford today with a piece of plastic that we can pay back tomorrow!

This is all well and good, but what if we are given too much credit? So much so that it exceeds that which we can afford to pay back and add to that an interest rate that increases whenever we make a late payment. Voila! Instant high interest debt problem!

By: stocks

stocks — Wed, 03 Dec 2008 21:36:51 +0000

Great, thanks and appreciate the time and effort to produce this post.

By: Budgets are Sexy.

Budgets are Sexy. — Mon, 24 Nov 2008 16:12:51 +0000

i’m thankful for the awesome PF community! keep it up everybody And thx for hosting!

By: Debt Reduction Formula

Debt Reduction Formula — Mon, 24 Nov 2008 16:07:33 +0000

Thanks for including my post, MBH. Just Stumbled this to get you some traffic.

By: Studenomics

Studenomics — Mon, 24 Nov 2008 15:57:14 +0000

Thank you I appreciate that you have included my post.

By: Peter

Peter — Mon, 24 Nov 2008 14:32:34 +0000

Thanks for including me in the mix!