We may be into the 32nd month of historically low 0.5 per cent interest rates - with some betting it won't rise until 2013 - but it's doing nothing to help solve my £15,000 credit card debt problem.
Like thousands of other Londoners, I simply can't afford to pay them off.
I may be 40, with a steady career as a journalist, but I struggle even to make the minimum payments.
My love affair with plastic started more than 20 years ago, a shameful tale of consumerism that saw me descend deeper into the red but which began rather tamely when I was 18.
I was off travelling around the States and handed my holiday savings over to my father, giving him permission to open my credit card bills and pay off what I owed. They were sensible days when I abided by the concept of living within my means. Full story...
Don't miss:
Like thousands of other Londoners, I simply can't afford to pay them off.
I may be 40, with a steady career as a journalist, but I struggle even to make the minimum payments.
My love affair with plastic started more than 20 years ago, a shameful tale of consumerism that saw me descend deeper into the red but which began rather tamely when I was 18.
I was off travelling around the States and handed my holiday savings over to my father, giving him permission to open my credit card bills and pay off what I owed. They were sensible days when I abided by the concept of living within my means. Full story...
Don't miss:
- War and shopping - the extremism that never speaks its name...
- Culture of credit seducing Swiss youth and pushing them into debt...
- They got bailed out, we got sold out...
- Daylight robbery, meet nighttime robbery...
- The sun never sets on the British welfare system...
- Americans dumping credit cards, returning to good,old cash...
No comments:
Post a Comment