Monday, August 20, 2007

Working To Pay Credit Cards Debt

There are a lot of people out there working every second to pay up their credit card debt. From what I see, all this can be prevented if they have more self control, discipline and not following the ways of the world. Not content with what God has given them and always wanting more than they can afford.

I know of a few bloggers that is blogging for money to pay for their credit cards debt. Too bad my brother in law is not good in English and not into writing. If not he can earn some extra income through blogging too and get some Debt Relief. Even my Operation Manager is struggling to pay his credit cards debt. Not from his own spending but his wife's. He always complaint to me saying that his wife is influenced by the lifestyle of her rich wife's friends. Due to this, he told me that every month he is paying interest only, not the amount that is spent!

If you are in the same situation, there are actually ways to reduce credit card interest. One of it is Credit Card Consolidation. What they will do is, combine all your credit card under on Debt Consolidation Loan. They will settle your credit cards outstanding and you pay that company monthly instead of the credit card company. Normally this kind of loan offer low monthly payment and a longer repayment period. Think about it.

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