Credit offers, a ticket to debt imprisonment

It is with no doubt we live in a debt-slavery world and it is all because of credit offers we failed to turn down while we had the opportunity however it is never too late to recover though it mean sacrificing certain things.

Truth is financial assistance institutions are also out there to also cash-in in your debt settlement struggle as they come also in the name of helping you. Give yourself enough time to think about this because you don’t want to see yourself struggling to settle debts before you can even receive your first pay cheque.

Many credit providers now target college students, you may see it as a great thing but think the consequences, you are still in college you depend on your monthly allowance to survive soon you will be graduating so how will you be able to pay your account after college because there’s no guarantee of employment.  Don’t settle for credit if you can’t afford and don’t consider getting yourself into this for as long you are buying simple things like clothes or grocery things that don’t require a huge amount of money, the last thing you need is a clear credit record. Many companies look at a person’s credit record before they could hire them, so choose to remain clean and surely a bad reputation caused by a bad credit record is the last thing anyone needs.  The only time you can consider buying in credit should be when you buy furniture, a house or a car with the options given you can choose how you pay these.

Don’t just agree to anything, read contracts and ask questions when you consider opening up any account.  When you are already in debts you may consider debt counselor but of what use will it really be if you also have to pay that counselor and what they do is act on your behalf make arrangements with certain debt collection agencies for you to pay affordable rates per month till you can settle that amount, which is something you can actually do for yourself, avoid more debts while you in debts because you’ll end up helpless and hopeless.  Control your situation while you still can.