Sep 01
I knew when I married him a year ago that he had ,000 in student loan debt and doesn't even have his degree. And I'm just as responsible as him for running my credit cards up over ,000 from the wedding and honeymoon. (we had to use my credit cards, he doesn't have good credit) And we both have a bad habit of living outside our means. I don't mean nice clothes or a nice cars. We live in a tiny one bedroom apartment and both drive 20 year old cars. But we like to go out allot and go on vacations we really can't afford.
But seeing the credit card bills were getting larger not smaller, I told him we can no longer use them. At all. That we would have to try and pay for everything in cash. Well once again I see he's used them. Now I can see he's only using then for gas to work and trips to the super market. But each time he offers to go to the store to pick something up he's lead me to believe he had money to cover these things. And his work is so far from where we live ,that its almost costing us more money in gas, than is worth it. And he's been the (my) credit card for this.
I've talked to him about this before and I thought he understood. And now I'm trying to get him to understand that, that kind of behavior is living a lie. That he's lying to me by not "mentioning" to me that he's used the credit card again. This last bill I just got, we made a payment of 5 dollars and then he used it for 5 dollars and our finance charge is around and the card is maxed at ,500. I can't get him to understand we can't keep living like this.
It's so rare to find a man that doesn't grasp the concept of this kind of money denial. It's usually women that have issues with credit cards and living outside their means.
Before I got married I had a great credit score and zero credit card debt. Now my cards are maxed out and my credit score is fair at best.
I've only been married for 14 months now and I obviously married for love, not money. But I didn't think I was gonna be in debt the rest of my life. Combined we barely make ,000 a year and we're talking about having kids. I'm 38 and he's 39. So it's not something I want to put off too much longer.
How can I get him to understand that the first step to us getting out of debt is to stop using the credit cards and be honest with me about when you have used them? Aside from these money problems he's a very good man. I just don't think his father taught him about how to be responsible with his money.
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\\ tags: bad habit, bedroom apartment, Cards Credit, Clothes, credit card bills, credit card debt, credit cards, Credit Score, denial, finance charge, Honeymoon, living a lie, Love, Money, nice cars, old cars, Running, Score Card, student loan debt, Using Credit Cards, vacations, Wedding And Honeymoon, zero credit
Aug 20
I have a circuit city card and have a computer and a tv purchase on there with no interest financing. I also have various other things on there collecting finance charges. If I made a large payment would I be allowed to pay off the items accumulating interest instead of the items with no interest? Because know when I make payment all of it goes towards the tv and the computer and they are just piling on the finance charges on the other items.
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\\ tags: Amp, Blog, circuit city, city card, Computer Purchase, Computer Tv, Credit Card, Credit Card Companies, Eastsider, finance charge, finance charges, Financial Stocks, Prestige
Jul 02
I have a Chase credit card. I paid my balance in full last month. Now this month, I get a statement saying I owe one dollar. I made no purchases between last month and this month and I paid the balance in full. Yet, they are saying I owe one dollar.
I called and the man told me that even if you start out with a zero balance, you then make a purchase of say 300 bucks, you get the statement, you pay it on time and in full (300 bucks), you will still get a statement the next month saying you owe the one dollar finance charge.
Have you ever heard of this?
This is crazy. If you pay the balance in full and on time, you should not have to pay any finance charge.
Tomk,
I see what you mean about the few days but that is why they call it a grace period.
I should also add that the man from Chase agreed to remove the dollar charge but he said it was a one-time thing. I just won't use this card anymore.
Clarification: he said that removing the dollar charge was a one-time thing and that they won't remove it again.
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\\ tags: Bradshaw, Chase Card, Chase Cards, chase credit card, Chase Credit Cards, Chase Online, clarification, Credit Card Charges, Credit Cards Payment, Credit Loans, Dirk, dollar charge, few days, finance charge, grace period, Home Equity Loan, minimum payment, Online Loans, time thing, zero balance
May 15
I've been using my Mastercard for a long time and in the last six months or so, I've noticed they are charging me a "finance charge" every month or so. This is separate from the interest charges. Up to now they've never done this to me.
I am wondering if this has anything to do with Citicards whining about their financial solvency after they received my tax money to bail them out. So are they just looking for more ways to squeeze money out of me?
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\\ tags: College Loans, Credit Card, finance charge, finance charges, financial solvency, Government Employees, loan interest rate, Local Government, Long Time, Lower Taxes, six months, Student Loan Interest, tax money
Apr 26
i have not fallin behind on bills but a pay minimum my principal balances on 5 crecit card does not seem to go down due to interest finance charge i dont want to pay 30,000 in interest over 20yrs for this debt im thinking about filing bankruptcy i cant consolidate what should i do i wish i was never given credit cards at 18 i under stand no one forced me to use them and i am responsible to pay but this a the united states biggest scam credit cards should be abolished if i only knew then what i know now
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\\ tags: Buzz, Consumers, Credit Card Companies, credit card debt, credit cards, Credit Debt, Debt Loan, Filing Bankruptcy, finance charge, finance charges, Home Loan, negative equity, Objective, principal balances, Profits, Raising Finance, School Loan, united states
