do you have credit card debt and how much?

Philippines
February 15, 2010 5:46pm CST
hi peeps! are you brave enough to answer this question?? hehehe.. spill it out guys, nobody's gonna judge you eh! mine i have 3 major cc. all of them enrolled in deferred payment scheme now. more or less... 2000$
2 people like this
9 responses
@pals101 (2011)
• Philippines
16 Feb 10
I recently apply for a credit card, and last week the credit card company called me and informed that my credit application has been approved. They will be delivering on my office address. Its my first ever credit card and i feel happy about it. With my friends help, I was able to achieved it finally. Also, my friend.. Advise me some tips on how to use my credit card wisely..Use it for needed things and not because you want them.. I'm still new to this, and i really hope you can give some tips and advise on how to use it wisely... thanks..happy mylotting!!..
• Philippines
17 Feb 10
just one piece of advise:: dont be too nice with friends or relatives wanting to use your cc for purchases
@pals101 (2011)
• Philippines
17 Feb 10
thanks!.. i'll keep that in mind...
• Canada
15 Feb 10
Hello Love to read, Well I do have many credit cards, but my balance is at ZERO now and I always pay in full when I get the bill. The first time I used my CC, I had it up to $3000. and was paying only the minimum balance. Then someone explained to me how it worked and I found out that it would take me years n years to pay it all off. That was an eye opener for me. Ive always paid it all in full ever since. Oh and, Im not judging anyone who has a balance. Each our own!!
1 person likes this
• Philippines
17 Feb 10
wow! MagicalBubbles you are so blessed to be able to pay in full.. most of all your debit free.. hoorah!!
• Malaysia
16 Feb 10
i never had credit ard until last year, needed one to go tru medical // i used 10k n my husband 10k .. now we are just settling the payment ..
1 person likes this
@sk66rc (4261)
• United States
16 Feb 10
I only have 1 credit card. I had few other ones but it was starting to get out of hand so I paid them all off & now I have one & the credit limit is only $2,500. I had few offers, notices, that they were gonna increase my limit but everytime, I called them back & asked them to bring it back down to $2,500. I don't have any balance on it but I have credit of $130. Last time, I kindda over paid it & returned something & that's how I ended up with $130 credit on my card.
1 person likes this
@roark82 (20)
• United States
16 Feb 10
I don't have any debt. Fortunately, I live at home still because I'm saving for school. I have one credit card and it allows me to get rewards for using it. What I do is use it to pay my bills that I would normally pay with my checking. This way I know I have the money and I pay it off as soon as I get the new statement. It works well for me and like I said, I am so grateful that I am still living at home and can use this time to save up a little for my future.
1 person likes this
• United States
16 Feb 10
I did have a few credit cards but I paid off two already all by myself. I immediately cancelled them because it's not worth the hassle. Now I have three more to pay off and then I am done. I am sure that I can finish paying off the three this year and then I won't have to worry about that anymore. I think that between those three credit cards I probably have $1500.
1 person likes this
@Hatley (164672)
• Garden Grove, California
16 Feb 10
hi love__to__ read yes I did but its finally been outlawed and I can start over but will not. I now only have a debit card , and that way whatever I buy with my debit card is paid for in full. I once owed three thousand dollars but its been outlawed on after so many years. the company had refused to lower the interest rate so no matter how much I paid into it it never went down at all. From now on I am not going to get another credit card at all.too easy to get in debt over your head and unless you are wealthy you never can get caught up.
• Philippines
17 Feb 10
dear Hatley, that's the worst part of owning a card.. Your right, not unless you pay in full (which is most of the time, unconciously, became too much)
@qamarep (4450)
• Pakistan
19 Feb 10
no i dont have a credit . but here in pakistan we miss the credit cards becaause they are rare here
@myl0t1 (346)
• Indonesia
16 Feb 10
unfortunately, i don't have credit card just debt card. However, i can use virtual credit card for online transaction and CC belonged my partner to transaction in merchant.