I’m credit card debt free, finally

Crapulous. Yes. It’s a word, and it’s the first word that comes to mind when I think of our nation’s excessive, self-obliterating appetite for easy credit during these past few years. In many cases, we consumers are to blame for the economic implosion, not the big banks which cry in their defense “we simply supplied a demand.”

Before you accuse me of siding with the likes of Lloyd Blankfein or sounding self-righteous like President Jimmy Carter in his scathing “malaise” address to the nation on Jul. 15, 1979—about two months before I was born, by the way—hear me out. 

At some point, we consumers have to take matters into our own hands and become totally responsible for our financial welfare.  And I don’t mean that in a revolutionary, militia-like, or tea party way. It’s easier than that.  Simply put, we must rid ourselves of dependence on credit in all aspects of our lives. 

Comments

[andrew symonds]

Very nice blog on this website. It is really difficult to get this kind of with useful information. I am relieved I came upon this site. I will eagerly look forward to your upcoming updates.

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[steveharmison]

This action proof to be a win, win situation. This is a true art
work, which will be a success story.

Debts

[steveharmison]

The initiative taken for the concern is very serious and need an
attention of every one. This is the concern which exists in the
society and needs to be eliminated from the society as soon as
possible.

Debts

[Debt Collection]

It helps to us debt free person...
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Mary Taylor

[Debts]

This is a wonderful opinion. The things mentioned are unanimous and needs to be appreciated by everyone.

[adren]

A new bill will require credit card companies to provide additional benefits to their customers. Companies must post their agreements on the Internet and let customers pay their bills online or by phone for free. ya it's a nice article..

adren
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Debt Collection

[jimwillson]

i agree from the above thought i also thing to pay all money in cash.it's a stress free deal

jimwillson
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Credit Card Debt

[Carole May]

That's fine for people who have money. Unfortunately, people like me would never be able to buy a car without a car loan. I am in the process of paying off all my credit cards (much of which are medical bills), and I have put myself on a cash only basis for regular every day purposes. But if I need another car in the future, there is no way on social security that I can buy one without credit.