Remember when you got your first credit card? There was probably a feeling of excitement or appreciation for the fact that this little piece of plastic somehow meant that you were maturing into the responsible adult you always thought you’d be. Then came the next one and the next one after that. Eventually, after you got a decent job and starting accumulating bills and other loans, you began to get more than a few cards in the mail every month. Many of those said you were preapproved and all you had to do was call a phone number and you’d have yet another credit card debt in no time. That’s where the problem started. Most people have at least three or four cards. In some cases, people have accumulated more than nine or ten cards. It comes to the point where you have to ask yourself ‘how many credit cards…

October 31st, 2010
Money maker
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