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This is my own experience. For my first major credit card after college, I didn't know how to manage my purchases and payments. I was enticed to buy a lot and was not able to pay the total amount every billing. I only paid the minimum amount, but I kept on spending. With the combination of too much spending and paying only the minimum, my balances went up until I had difficulty paying the amount. I had to ask my dad to pay for my card and I paid him back for a period of one year and six months. I learned my lesson and now I know how to use my credit cards wisely and efficiently.

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Q: How do people get themselves in credit card debt?
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How can someone pay off their credit card debt?

There are many companies in exsistence today that can help people with growing credit card debt, such as; Consumer Credit, Care One Credit, and a company called Credit Card Debt. One of these services will steer you in the right direction in lowering and eliminating your credit debt.


How do you settle debt with credit card?

Debt CAN be settled with credit card debt and other unsecured debts. Negotiating a settlement is between you and your creditor and settlements have happened for millions of people and helped them get out of debt.


What steps can people in credit card debt take to reduce their debt without declaring bankruptcy?

Credit card debt consolidation with the help of an accountant or a debt consolidation service and careful management of income can be helpful steps in reducing your credit card debt without declaring bankruptcy.


Where should one go to for Credit Card Debt Solution help?

Debt dot org is an organization dedicated to help people with their credit card debt. They do this by helping you with a debt settlement which allows people to settle without having to pay their debt in full.


How does credit card consolidation help people who are in debt?

Credit Card Consolidation can be infinitely useful to indebted people. These companies consider all options for repaying credit and help people slowly repay their debt in a reasonable manner.


What is total credit card debt?

Total credit card debt currently amounts to about 962 billion dollars. The average credit card debt per owning household is 14,750 dollars. Approximately 609.8 million credit cards are currently in USA, with credit card users having an average of 3.5 cards each. Young people have credit card balance well below the average. While 25 to 34 years old manage to cut their credit card debt, they still average over $5,000 in credit card debt.


What is the difference between a debt card and a credit card?

The diffference between a debt card and a credit card is ,in a debt card it's money from your account .In a credit card is when you borrow money from the bank.


Where can I get advice on credit card debt solutions?

I am so in debt and I am worried about paying my credit cards. Where can I get advice on credit card debt solutions?


Could You Get Garnished For A 1900 Credit Card Debt?

There were no credit cards in 1900, hence no credit card debt.


When are you in credit card debt?

A person is in credit card debt when they have charges on their credit card and can not pay them. A person can make charges on a credit card and make payments at a later date. When a person charges on their credit card, the charge is now a debt that must be paid.


Many people have too much credit-card debt?

Yes a lot of people have too much credit card debt that they are only paying the minimum due each month and not enough saving


Is an additional credit card holder liable for the whole debt on the credit card account?

ia an additional credit card holder liable for the whole debt of the credit card account