There is a temptation to spend money again
By kingparker
@kingparker (9673)
United States
August 9, 2012 9:21pm CST
Maybe the promotion of those credit card companies taking effects on me again, and their various tactics just work so fine, and the terms and condition just what I was looking for. From the Credit Union Visa reward card, they just gave me over $10,000 credit limit, and I intend to use it to consolidate my other three credit cards debt into one. So, I can make one solid payment per month. And the interest rate is lower than other three. With some breathing room on my own, I was caught on a promotion on Best Buy credit card, in which If I apply, I can use it to purchase an Apple iMac for 18 months without interest payment. I want to get an iMac desktop for while, that will be a great opportunity. There are just too much temptation. I just don't know should I apply them all or not. For the best, I should only consolidate the debts. But on other side, I was itch to get this iMac for myself.
6 responses
@bdfreelancer (518)
•
19 Aug 12
I am addicted to credit cards. I have applied for all kinds of credit cards and got a few good cards too. I just like to spend on credit. I can tell safely that spending money using credit cards can be an addiction. The bad side is you end up spending unnecessarily. Offers from credit cards providers just worsen the situations by making us tempted again to spend.
@Shellyann36 (11383)
• United States
15 Aug 12
Credit card companies are there to tempt us. I would get the consolidation card and consolidate the other three cards. As far as the best buy card... think on it do you NEED the new Apple iMac or is it just a WANT? You really have to put it into perspective for yourself.
@marguicha (230350)
• Chile
10 Aug 12
I have a Visa card but don´t use it as a credit card except in extreme need (health problems, for instance). I buy almost all with my credit card and pay it all at the end of the month so I don´t have debt. If I want something, I save until I have what it costs to buy it. I am tempted to use the money that is really mine sometimes though and in my last vacations I did not worry about extra expenses.
@jkct02 (2874)
• Kota Kinabalu, Malaysia
10 Aug 12
If you are in debt, I would advise you not to take in any new cards just for the sake of buying more stuff. It is good to consolidate your other card debts into one that is charging lesser interest but nevertheless, it is still an interest that is high enough to hurt. In my country, the credit card interest rate is in the range of 13.5% to 17.5% per annum which is very high compared to the bank's base lending rate (BLR) of 6.6%. So the best way to save more is to be free from credit card debt. Try to pay off all when it is due. It is a convenience to use a credit card but don't be trapped by its high interests.
@Raine38 (12387)
• United States
10 Aug 12
Ahh, yes, I have to agree. I have to give it to those credit card companies, on how effectively they can come up with enticing ways to lure us to actually take the on their offers. Here in my country, some major shopping malls have even teamed-up with the credit card companies to give the best deals exclusively to their card holders. In a way, there are really good deals, I have to give it to them. But somehow, if an unaware cardholder managed to get himself in too deep with debts, that's when the problem starts. Of course, there are lots of other card companies who offer debt restructuring as long as you transfer your debt into their account. In the end, it really makes me wonder who is getting the better deal here.
@litvillegas (1274)
• Philippines
10 Aug 12
I agree! There are a lot of temptation to spend our money..I think it's better to prioritize your needs first or the things that are really useful for you..If you think this is necessary then grab that opportunity.. Try to meditate things and I'm sure you can have a wise decision for that..
have a wonderful day...
