Dealing with Credit Card Debt

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Uploaded by on Sep 28, 2007

http://www.letsforgetdebt.com/ - An excellent informative site and service to help anyone with credit card debt.

A step by step video talking about the reality of credit card debt, and how the credit card companys are really charging you 83.3% interest.

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  • Well done mate. Off course the bottom line is that people that are in debt simply deserve it because they want to have everything right now. The key is to wait untill you have cash to buy what you need. A car or a house is a different matter of couise but things like daily shoppin is no excuse.

  • The way I look at it is this, we loaned the banking industry 700 billion, I hadn't received timely payments back so I'm declaring that they are late so I'm upping the interest to 30% (legal in my state). I believe that equates to an extra 210 billion in interest per month. Its been a few months now so their debt is really skyrocketing out of control. I'm sending this to collections.

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  • its a mental disease called consumerism, most first world nations suffer from this, people sacrfice thier health and waste thier time making money so that they can buy what they dont need, thats what the banks prey on, 99% of people suffer from this disease and the 1% profit off them, simple

  • ty

  • Very informative. The best thing any of us can do is only spend what we can afford.

  • @donniebrasco24 Yes that applies to about 94% of the people who have credit cards

  • awesome video!!!! i have actually used letsforgetdebt Great help!

  • GUIDO ON THE CORNER DON'T TRY TA CHARGE YOU THAT KINDA INTEREST LOL

  • When you start getting scared to look at your bank statements thats when your in trouble

  • Only idiots are in debt

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