Dealing with Credit Card Debt
April 18th, 2009
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.
Duration : 0:9:59
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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.
Duration : 0:9:59
Comments
This is nothing but …
This is nothing but an infomercial. This guy has some good points, but he just wants you to use his service. The key to getting out of debt is 1) stop using the cards immediately 2) call the bank and get your APR lowered 3) make some sacrifices and pay as much towards the principle as you can each month until its paid off. 4) NEVER use a credit card again!
Dealing with Credit …
Dealing with Credit Card Debt
Put them in the bin, don’t pay them.
I really liked your …
I really liked your channel and this video. If you need any help getting this video exposed I use a site called tubeviews.(net) It has really helped like 20 of my main videos get to the top in position. Its nice.
There is software im using to send atleast 20,000 text message a day advertising my online business…it is amazing. I think they have a free demo to try as well autotextsender.(c0m) God Bless!
THIS WORKS! Its amazing.. THANK YOU SO MUCH DUDE!!!!!!
great video!!! …
great video!!! thanks for showing how evil the credit card companies are. If you can’t pay your cards off IN FULL!!!!!!!!! every month then DO NOT USE THEM!!!!!!
lol, nice screen …
lol, nice screen name. made me laugh still
I agree that there …
I agree that there can be certain perks with some cards. I have reviewed them all and have used most. For me, being credit card free outweighs all of them by a mile.
I am also preparing to pay off my mortgage in a lump sum. Since i have always payed cash for my vehicles this will leave me debt free except for the “grid”.
The only reason i …
The only reason i can see using c.cards is that some stores give you great warranties if you do.
My aunt bought her son an Xbox360 and even 2 years later, if it Red rings on them, costco will take it back and give them a new one.
I used to be a …
I used to be a frequent flyer. Now I don’t want to fly. I know at some point i will have to. Luckily, i am in a position to arrange for a secured credit card with a balance of whatever I want. At least their aren’t any fees & its my own cash I’ll be “borrowing”. There are several ways used to FORCE us to have a card. Right now I use cash & checks for everything.
I refuse to pay an …
I refuse to pay an annual fee on my regular cards.
For my company I have an AMEX CENTURION CARD.
You pay $5000 to register in the beggining and you MUST spend $250,000 a year on it to keep it.
It makes sense only if you are heavily into travel or always purchasing for your company.
My personal Amex card’s limit was changed from $500 to UNLIMITED since is topped using it.
When I lived in …
When I lived in Florida in the early 80s my DOG, Smudge, got a MasterCard in the mail. The card was pre-approved with a $3000 limit. All my dog had to do was make the phone call to activate it. Not soon after my 8 year old daughter recieved a Visa card in the mail, also pre-approved. My wife and i were getting, on average, about 3-4 credit card offers a WEEK.
I had an AMEX card for about 5 years. i got rid of it because they started charging me an annual fee & the NO limit was too tempting.
when I turned 18, I …
when I turned 18, I was able to get stupid credit. I got a Mastercard with $5000, I got a visa with $5000, I had lines of credit with the bank, etc,etc.
I think it took me about 5 years to raise $30,000 in debt.
Once I made over a couple hundred thousand working the mortgage industry, I paid it all off.
I recently paid of my AMEx.
Up until 2007 when …
Up until 2007 when I destroyed my credit card, I had always paid my card balance off every moth. I carried ONE card, a Visa. The card had NO annual fee, a cash back feature (2%), an $8,500 limit & yearly itemized list of purchaces. I was NEVER late with a single payment, some of which were over $5,000 in a single month. After a few years my bank automatically raised my limit & I wrote back saying “No”. They called me & said that, BECAUSE I didn’t carry a balance, I was a “deadbeat”!
I want to go …
I want to go fishing.
best credit card …
best credit card video
watch?v=EheWeL5WjTY
Don’t take …
Don’t take 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 s 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. all greedy people of the world!
If you fear you may …
If you fear you may be approaching debt, try this: Apply for as many credit cards as possible, and use the approved ones to buy a gold-plated Ferrari. This will make you a winner AND a bad .
i will erase the …
i will erase the bad debt,,, go to my site and i will show you how
go look at my video …
go look at my video at my site and i will show you how to eliminate that debt,,, i will also stop the nasty phone calls,,, dont worry about a thing i will take care of it
yeah i see what …
yeah i see what your saying ty for info.
Well take my advice …
Well take my advice. You should get a smaller place that’s less expensive…unless you and your brother get better jobs.
my mom on her own …
my mom on her own can pay for every bill but not including the credit cards. i live w/ my dad atm his attitude on her debt is that she has to learn cuz he told her about credit.
buts its a scam like this guy is saying, were forking out all this money and nothings going to the principle.
Sounds like you …
Sounds like you guys are living way above your means. I noticed you didn’t mention “your father’s” income. If he’s not in the picture, I suggest you move to a smaller, less expensive house. Likely, if she didn’t have that bigg ed mortgage, she could pay off her credit card debt.
You guys would be better off in a 3 BR apartment.
My mom has ran up …
My mom has ran up so many cards that she cant efford to pay each individual card each month along with her mortgage and car payment. she workds 2 jobs and my brother and i work 2 jobs and she still cant keep up with the payments and shes going into more debt charging credit to pay for the debt shes in. My mom brings in about 1700 a month and w/ me and my brother its about 2200.
HELP!
Can you get the …
Can you get the volume UP. I can barely hear you.
Good video! Keep it …
Good video! Keep it up.
here also they get a percentage from what the product costs that you buy(i dont know if i am allowed to tell you what percentage it is but you can probably google on it). So we who work in a shop try to discourage people from using them.
Never use em.(here if you have a credit card you cant buy a house)
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