August 26, 2009 @ 04:28 PM

Post: 648

Join Date: Nov 2006

Location: TORONTO

Has anyone ever gotten into some serious shit with credit card companies? I mean.. like you max out 2-3 cards and then your fucked because you cant pay them? I have 2 credit cards but only use one, just for that reason. Im usually pretty good at controlling my spending habits. The reason I ask this is because I have a friend whos in some shit with cc companies. Thoughts?
August 26, 2009 @ 05:07 PM

Post: 1243

Join Date: Nov 2008

South America
August 26, 2009 @ 09:03 PM

Post: 2679

Join Date: Jun 2007

Location: Los Angeles

CC can be good and bad depending on how you manage your money and if you have the money to pay it back. And with people who have CC and don't use them companies are closing their accounts which sucks because now you don't have that safety net. As for your friend my only suggestion would be to file for bankrupcy... its gonna kill his credit history but its not like he has a choice unless he is still making the payments on his cards and doing it on time...I bet his credit score is horrible if he has two maxed out cards...


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