How to eliminate Credit Card Debt

[roxcyn]

Here's some advice:

1) charge only what you can afford, pay your bill in full each month.  Pay on time and never be late.

OR

2) Never use a credit card.

[FreeFromCreditDebt]

This guy has the first step in the long trip to the top of a mountain of debt. But it is much more than cutting up your cards to get out of debt. To Start increase your income. Monitor everything that you spend money on the third and most important change your lifestyle. Racking up thousands of dollars in debt doesn't JUST happen You made it happen... Change yourself and you will change the situation.

[mycesi]

where'd the $25 grand go? If only it was as easy as cutting up the card

[xxNilumxx]

i feel fortunate i dont use credit cards of checks at all

i can breathe easier knowing that

[ostapo111]

LOL, that’s pretty effin funny.

but unfortunately credit still matters. Getting your credit back to respectability - Worst time spent EVER. God damn collectors suck your soul, and it takes a lot of patience to track all your stuff with them so they don’t hose you.

I was tired with the battle, but my friend recommended a company that did all the leg work for him, and all they charged me was $40/year.

Give them a call if you got credit problems, They are AWESOME

888-338-3875

[gasdorf]

he showed his card numbers lol

[kramcas2]

Ask any debt collector if their company has any original paperwork with your signature. Unless you are dealing with the credit card company its self, they will have none. Debt collection companies buy your debt hoping you will pay them back. You don't not have to pay any company you did not render services from. You never asked the debt collection company to buy your debt.

[singapore7773]

i had $27.5K cc debt. i never once cut up a cc. i did live off of crackers and beans for a long while. it did take years to pay off, but it felt good. you can do it. dont give up. I still use my cc, but i dont go out to dinner much and i try to buy durable goods instead of say junk food.

[SilentTrama]

Eliminate debt by not using them at all. Don't cut them up either, cook some chicken breasts or steaks on the grill and when your done remove the grate and set them on the coals. They will melt into nothing or be unreadable

[abridgewater101]

You've done a great job posting this video :!!! It's a source of learning so great hehe!!! Please watch my videos :!!!

[grneyzX3]

YOURE A FUCKIN IDIOT!!!

[satsum]

genious!

[POWERSALVATRUCHO13]

do u thing u are funny??u are a fucking pendejo!!haha motha fucka!

[Scrabbler27]

@POWERSALVATRUCHO13 did you mean think instead of thing ??

[POWERSALVATRUCHO13]

@Scrabbler27 think;;pendejo suck my hairy dick asshole

[Scrabbler27]

@POWERSALVATRUCHO13 what? I don't understand you ?

[11Grayfox11]

This video is captioned wrong.....it should be HOW TO CUT UP YOUR CREDIT CARDS WITH A PAIR OF BIG SCISSORS.

[briativa]

i bet that made you feel good afterwards

[israelhunt]

stupid silly dumb fuck

[MzProgressive]

Dweeb

[venuecam]

No dude. All you did was eliminate you Credit Card. Your debt I'm sure still exists until it is ay 0.00

[gracieful2020]

Thanks, just did the same

[TheBlueVampire]

i cut my cards but eventually got a replacement since i need the credit! im just rolling my finances! LOLZ :)

[liveguy7]

Your a freakin comedian mate. I know a more powerful way and you don't have to pay it back! Ignorance is not bliss!

[TheCoryChannel]

People are so stupid. if you dont have the money, you will have to pay it off eventially

[AEinsteinSr]

The best advice is....

Do not use credit cards

[akamoniker]

If credit card companies keep jacking up interest rates consumers should just start filing for bankruptcy. This will bring the credit companies to their knees and teach them to deal fairly with their customers.

[mahsih2007]

Depending on the amount of money you have and the amount you owe, You could set yourself up as a debt collector or debt agency and basically act like those guys who buy debts. So what you do is be the one (debt collector) who buys his/her own debt for a negotiated low price like maybe 10cents on the dollar and then report yourself as paid debt. The report the paid debt to the credit bureau. Then your home free !!! LOL haha

[robert21256]

I cut my cards up and went online to check my credit score and balances, but nothing changed.

I'm confused.

I can't do anything right. I paid 1000.00 for a weight loss seminar (paid with my master card) and learned that I need to make cookies less accessible. I decided to put padlocks on the pantry and throw the key away. It didn't work because I learned how to pick the lock.

I'm now retaining a lawyer to help me sue the lock manufacturer.

[soulfly4815]

the best solution to getting rid of credit card debt

PAY UR BILL IN THE FIRST PLACE and you might not be in that situation

[mars3400]

I tried that b4...i cut mine three times but it never stopped me calling my CC customer service ,to order new CC.....its hard to get over it..

[slopmaster1]

Just don,t pay the basterds back.Thats what i did.HAHAHAHAHAHAHAHAHAHAHAHAHA­HAHAHAHAHHAHA

[kashchei2003]

great advice.....fail

[UndesirableUK]

If cutting your card(s) up is such an easy solution, then why didn't he do it before? Why did he wait to pose in a YouTube video?

Also, cutting up credit card(s) is not going to magically dissipate the charges that have already been placed on the card(s), nor will it help if you have your credit card details encrypted on your computer or stored in your PayPal account and use it to buy items online, like me :).

[Markisagoodboy]

I got over £15000 and climbing. The trouble is, I depend on them to pay off the minimum payment on each bill.

[oki8884]

You shouldn´t try other ways... plan ahade ... pay i cash...good luck!

[wiweq]

I could not eliminate debt from my Amex card. When I cut it diagonally, it worked. Thanks.

[MarquisdeLafayett]

no no no , your doing it all wrong , first MAX out your card , the way i describe in my video called "default on your credit cards " THEN after there's no money left on it cut it up ... why waste free money in a depression ? it's UNSEURED DEBT , that means they can't do JACK if you don't pay .. cept knock down your credit score , like that even MEANS anything anymore , not in this economy!

[mrcool011]

They can sue you over credit card debt but if it's a small amount they usually wont. However credit scores won't mean anything after 3-4 years. After a couple trillion dollars of loans are defaulted on the majority will have horrible credit and how can we have a credit society again with the masses having bad credit?

[BobBrinkerisanIdiot]

best credit card video

watch?v=EheWeL5WjTY

[Sevensixseven78]

Don't take shit from your credit card companies. Send them notes that say "fuck you for trying to keep me in debt" etc with your payments that you send in. These greedy bastards tell you to pay your bill and then set the rules in opposition against you doing that. Its crazy and we don't have to take it. Just stop paying them until they allow you to pay off your debt in a reasonable manor. If we all stood together they would be forced to change. Fuck all greedy people of the world!

[LevelOrange]

I sell my dogs urine on ebay as a beauty tonic, and I'll have my debt paid off in 1 month, then I can stop chasing my doge around the yard, I sell the poop as chocolate bars at the bus stop some people really like it.

[zppz]

you should write a book on this. Just write the same thing on every page in a slightly different wording, and sell it on infomercials. There are so many dummies out there you will be raking in the money in no time.

[Skyped]

Lovely piece of "lay down" comedy :D

[8av8today]

Have you tried man-whoreing? I know a lot of grannies that will pay top dollar for your mangina. You can have your debt paid off in no time.

[mscop31]

LOL!!!

[bugsycline]

lol, it takes more than cutting up a card my friend.

don't beleive me...

wait 'till you get your yearly statement, or go to take out a loan.....

you want to end those cards life.... call the number on the back of your card and tell them...

if not, you still have an account, wether you use it or not.

just a reminder. when you close a card it negitivly impacts your credit score.

best advice, try a charge card and pay off your balance every month.

do not spend more than you have

[racsito39]

Is something to do with personality. I have two CC, one time I rushed in one of them, and I just said: I need to stop. I thought about leaving them at home or hidden somewhere, but what if I come across an emergency on the street, so, I always have them in my wallet. I don't go out and buy stuff. My weakness is Internet shopping, but I can control it. I don't need to cut them. In case you get out of control, go to your bank and make a payment plan, easy, they will stall your CC of course.

[mithunshaha]

i get ur credit card number buddy !!! i know how to eliminate credit card debt!! just wait a mintute!! viewers i get his information!!the first card is american express business card!! his name is michael alvarezz.his company name is playback media inc. credit card number 3767 3027 7101012.take ur time viewrs ,then u guys will get all the inforation !! thanks man 4 giving all information.

[flatsignedbooks]

so what! what ya gonna do mithunshaha?

[sgcsc]

thar and closing it out

[Magnasco]

I have 30k, and i'll pay it off within the next 12 months. you can do it! put your mind into it.

[nick3939393]

real funny,.. ha ha. you are so witty

[elmangaso2000]

stupid !!!!!!!!!!!!!!!!!!!!!! please be serious dude. dont be that stupid and pay your bills on time...

[emo2024]

why do you have to be so rude. some people just get caught up in spending to much. he also did not say one word about not paying his bills listen silly. also everyone has hard times so don't be such a jerk you to will have them someday.

[zhaoyi26]

I love you.

But I have another idea. I convert credit cards each month and sell the unvalid card to other country people.

[anshulkamboj]

u r right .. dont buy ridiculous... i made before

[madcatzy]

Allways spend MORE than you earn! Best way to get rich quick!

[nobssagittarius2]

How come writing bad checks is a felonie, (Unless your a Senator named Dianne Finestein) yet credit card companies allow you to owe thousnads, and accept yearly payments?

[Ajboi89]

Never spend more then you can afford

[blackberry8830S]

why did you cut up your chase bank card? it's not a credit card, it's a debit card you can go into negative balance however they will just cut off your account. but good video.

[BDOUG23]

It's easy to cut them up once their maxed out!! LOL Cause with the interest rates you'll probably never have anything worth using on it again..lol

[mannequins81]

You are very smart for cutting up your credit cards! Now, if you need help paying off that $25,000 I recommend listening to Dave Ramsey. His approach at paying off debt REALLY works!

[Sofrie37]

which video of dave ramsey should i watch?

[vsop333]

No, you listen to him daily on the radio. He is national.

[NickNolteSpeaking]

See my page on how to glue your cards back together flawlessly so you can get that buying power back in your hands once you have ummm.. once you have umm done this brutal thing..yeah umm...

[CREDITCARDSUPERDEAL]

I never had a credit card. But other people do. Do not to credit card if you addictive.

[Alpha1one1]

Sweet ! Free credit card numbers ! SUCKER WATCH YOUR DEBT RISE!

Lawl

jk

[ronaldec7]

So you still in debt right?

Does your Dad know you cut up his credit cards?

[jonamania17]

It's not very smart to show your credit card number dude , there is a lot of people that can steal your number. Good luck with your debt.

[azznine9682]

what a waist of digital cyber space no shit cut them shits off topic %#%ck the federal reserve strike 2-15-08!!!!

[CreditCards4ALL]

I can help you apply for a credit card online, even if you have a bad credit.

Apply for a credit card online in 5 minutes!

[pauliscool2991]

smart man.

[spiritualking]

fuck offf stupid vid

[rdillon7872]

nekrolemur If you have no property and depending on what state you live in they may not be able to do wage garnishment either. You have to have 7 years to get the companies you defaulted on and force them to be removed from your credit history. You can not go to jail for not paying your cards!!!!

[MGR1900]

Dude, did you think a credit card was free money or what?

[rdillon7872]

Yes it is. The bank trusts you to pay your credit card off. You trust them to supply a credit line. The bank will cut off your card at a moments notice. Another tactic is to increase your interest rate for ANY reason. When you default on a card the credit card companies already buy insurance for those who default. They collect that balance then. The insurance company hires a collection agency to harass or do a lawsuit. The banks get their money either way.

[MGR1900]

And so this is free money how?

[evilbunnyrabbits]

A piece of advice to you. I wouldn't even try paying them back. When you get past 5K, they've got you. Get a lawyer and get a Bankruptcy going now. The sooner you do it, the sooner it will be off your record and you can start over. I know because I made the same mistake...

[Mechman064]

Darn right! Just out of Diesel School I ran up 20k in debit. When I got sick of it, I chopped up all but one, Then I'd add up all 3 cards each month and chart them using graph paper (that was before excel came out). 2 years later I was debit free and have mostly stayed that way. It's a better way to live!

[AGentertainment]

Too much boozin' in college, buddy?

[yourqueenspeaking]

Oh Sugar, Im so sorry...

[MGR1900]

25,000 in credit card debt? What the hell were you thinking while you were running up the tab?

[evilbunnyrabbits]

Lol... see you in bankruptcy court.

[flir67]

+1, dude your screwed, thats like 10 years worth of payments. just to dent it...

file bankrupty or leave the country.

[Rodawg84]

LOL @ taped it back together. I've done that with my bank card (not my credit card). Just curious but how much have you payed off?

[badguy6098]

you need an ass whuppin for that much debt

[IBMeddling]

Also Don't throw it all in one trash can. Someone could go though the trash and get the number and name and use it.

[jreyes30]

lol so thats wat i do heheh.. i knew their was a secret!

[shahram21]

hahahaha

[nekrolemur]

Because see the pieces now are...yep.