are u a credit card holder?

@becdmd (705)
Philippines
December 2, 2009 8:07am CST
People use credit card for emergency purposes, but most people use it to buy things beyond their means...they keep on purchasing things and forgot to limit themselves until such time that they're suffering from a very high debt not only to one account but most of her credit cards because they enjoyed shopping from time to time. Do you have a bad experience in your credit cards? how long did you pay those bills? what did you feel when you realized you are in high debt already? Or if you use it for good...how did you maintain it.
4 responses
• Philippines
28 Dec 09
I don't have a credit card.I don't want to drown myself in debt.I know my spending habits.if I do get a credit card I will probably be drowned in debt in buying shoes,lingerie,perfume,and beauty products.I rather spend in case so I can easily track my expenses.
@becdmd (705)
• Philippines
28 Dec 09
good for you...better resist than to risk.
@yan_blue8 (1439)
• Philippines
2 Dec 09
My sister has a new approved credit card before she left the country. I was the one who get it from the mailman. So I was so excited to use it and swipe it everywhere I go since most stores are not asking for ID for identification purposes. I read on their policy, like only this amount for the interest, blah blah.. and so on. I was not thinking of how big or small it is as long as I want to use the card and use it after. Since she was new at it, she only has 10,000php for the limit. I think I have used Php7,000+ on it. Good thing is I was able to pay it on 1 payday. That was after a month of using the card. When my sister found out that I used her card, she get it from me when she went back in the country. I like to have my own card but I realized, its not worth it! I can wait til my salary comes and buy what I want without it. For emergency use? I have a small savings in the bank which I can grab when needed. So I didn't bother to get one anymore
@becdmd (705)
• Philippines
5 Dec 09
wow! good thing you managed to pay it in full! good thing from that experience you realized it's not worth it, by using atm instead is much better.
@cher913 (25891)
• Canada
2 Dec 09
we do have a credit card but we never use it. we are only trying to pay it off right now. when we go shopping, we use cash. its the only way to shop because as you said, credit can get you into so much trouble!
@becdmd (705)
• Philippines
5 Dec 09
very wise decision!
• United States
10 Feb 10
Hubby and I had credits cards before we got married. After we were married we got more and thought as most people do, we would pay it off as time goes on. What people don't understand is that if you keep buying on the credit cards you will have a hard time paying them off. Thirteen years ago we decided that we didn't want to be slaves to credit. I read a book called "Are You Being Seduced Into Debt?" by John C. Cummuta. It helped my husband and I see where we were headed with the credit card debt we had. We have been living on cash only since 2001 and haven't been happier. Sincerely in Christ, Leesa C. Eph.2:8,9