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Re: credit cards
FYI,
Thanks to a 'so called friend' I was forced into debts of around £450,00 0.
To cut a very long, very sad story short....
I could not pay back the ammounts and declared myself bankrupt. Lots of people started preaching morals at me telling me bankrupcy was the easy way out and I was shunning my responsibilities.
It's now almost 10 years later and still can't have a regular bank account. I still cant have any kind of loan or credit agreement.
I would agree with the majority posted so far, the first post is obviously from a young debt-free person. Oh, and I also noticed that you seem to think you can get a credit card with a low limint. Odd. In my expirience, the credit limit will go up and up regardless of your instructions.
REMEMBER the banks want a few people in debt, it's where they get their money!
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