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How Many Credit Cards?

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I have 5 credit cards.

Why so many you may ask?

Well, I started with one, got a large balance on it then got another to do a balance transfer. Needless to say…I didn’t pay off them off and I kept getting more cards to try to play the balance transfer game. Before I knew it I had 5 credit cards and almost all of them are maxed out.

I have 3 issued by one Credit Card Company, 1 issued by another and 1 issued by another. I believe I have a credit card from most of the popular companies. For some reason they wanted me. Why, I’m not sure. And I STILL get credit card applications in the mail saying I am pre-approved.

If they only knew! 🙂

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My Debt Started With A Candy Bar!

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As a freshman in college, there was a table set up in one of the common areas of campus. Sitting at the table were the largest and yummiest looking candy bars displayed ever so nicely. Now, to a hungry freshman right before an hour long lecture in Chemistry – those candy bars looked awefully good.

They weren’t selling them though, – in order to get one you had to sign up for a credit card. Hmmm…get a credit card and get a candy bar? Seemed like a good idea. I signed up, got my king size Milky Way, and off to Chemistry I went.

A few weeks later I got something in the mail. I even forgot about signing up for the credit card. I open it up and I now have $500 that I didn’t have two weeks earlier. I looked at the card, put it in my wallet and realized that I now had alot of money that I could spend.

What a naive freshman I was. Naive about credit cards that is.

And that is the story of how my debt got started with a candy bar.

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