I want to know because after reading about all the debt that you/people are all in in this credit category I don't want the big dollor low intrest rate no fees credit card that are allowing people to spend like theres no tomorrow. Like no fees 9 % rates or lower, 10,000 and up credit rate . I will never spend more than $300 dollors on my credit card for something and will not use it again untill i pay off that in 3 months. Everything eles will be done with the debit card. I think some people are better off with the low credit rate credit cards with the 19 % plus rates to keep them under controll .

What are they buying to get in 10,000 to 26,000 dollors in credit card debt ending up fileing bankrupcy that they can't wait to get??
Thanks everyone for the "GREAT" answers !

None. I use cash. Credit card debt is the real downfall of the economy.

$0

The only reason I use my credit card instead of debit would be if i was going to buy it anyways (gas, groceries, et cetra). Then I go home and go to my online banking and transfer the money from my checking account to my credit card account. Pay it on time, same day as a matter of fact. Still get the reward points also.

I pay 600.00 a month sometimes a little less. Everything I put on my credit card I pay off the full amount on the incoming statement. I charge everything instead of using cash or check because this way every month I can see where my money is going. I charge gas, food, clothes, bills, just about any expense that can be paid using a credit card. Some people get a little crazy with their credit card and spend it like its a gift certificate and they pay the minimum balance. Once they reached there max credit limit then they realize they are in debt.

credit card are luracating so spend what u can pay later

My husband and I never have outstanding credit card dept.
Whatever we put on the card we pay off when the bills come. I guess we are just good with our money.
With a 19% interest rate, you are paying double or trible what the orginal price was of what you bought, it is crazy.