http://www.moneycrashers.com/consumer-debt-is-out-of-control-so-what-are-you-going-to-do-about-it/ Personal Finance Blog, Your Guide to Financial Fitness Thu, 09 Feb 2012 21:28:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.moneycrashers.com/consumer-debt-is-out-of-control-so-what-are-you-going-to-do-about-it/#comment-5021 credit card for students Thu, 09 Aug 2007 17:51:40 +0000 http://www.moneycrashers.com/consumer-debt-is-out-of-control-so-what-are-you-going-to-do-about-it/#comment-5021 I agree with you. The problem is really on the credit card users. Credit card debt is acquired because people who use it don't know how to manage their expenses. If only you can control your spending habits, then, maybe you won't have to face too much debt in the future. I agree with you. The problem is really on the credit card users. Credit card debt is acquired because people who use it don’t know how to manage their expenses. If only you can control your spending habits, then, maybe you won’t have to face too much debt in the future.

]]> http://www.moneycrashers.com/consumer-debt-is-out-of-control-so-what-are-you-going-to-do-about-it/#comment-5019 Eric Thu, 09 Aug 2007 13:51:21 +0000 http://www.moneycrashers.com/consumer-debt-is-out-of-control-so-what-are-you-going-to-do-about-it/#comment-5019 I work for an organization that sells HELOC's. I think they are bad ideas. They can make sense if you are using it for a better rate. Like to consolidate your credit cards from a 17% rate to a 7%. However, usually people are in debt for a reason and once those cards are free of debt, people will bad habits will just shove more debt back on them. I work for an organization that sells HELOC’s. I think they are bad ideas. They can make sense if you are using it for a better rate. Like to consolidate your credit cards from a 17% rate to a 7%. However, usually people are in debt for a reason and once those cards are free of debt, people will bad habits will just shove more debt back on them.

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