Comments on: A Student, A Koosh, And Credit Card Debt http://studenomics.com/credit/a-student-a-koosh-and-credit-card-debt/ Mon, 21 May 2012 04:32:25 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Stephanie PTY http://studenomics.com/credit/a-student-a-koosh-and-credit-card-debt/#comment-12932 Stephanie PTY Sat, 24 Oct 2009 05:40:51 +0000 http://studenomics.com/?p=2407#comment-12932 I was paying of my credit card every month for about six months before I got into trouble. And I even got the card with the sole intention of establishing a credit card and never carrying a balance! That changed when one of my student loans reached its limit and I had to make up the difference somehow... But I guess I was a lucky one - I had the debt paid off before I graduated. Now, though, just after graduation, I'm watching some friends fall into the same trap as you, FFB. And it's not pretty. One of them has more credit card debt than I have total available credit! But each person has to decide for themselves when it's time to make a change. I was paying of my credit card every month for about six months before I got into trouble. And I even got the card with the sole intention of establishing a credit card and never carrying a balance! That changed when one of my student loans reached its limit and I had to make up the difference somehow…

But I guess I was a lucky one – I had the debt paid off before I graduated. Now, though, just after graduation, I’m watching some friends fall into the same trap as you, FFB. And it’s not pretty. One of them has more credit card debt than I have total available credit! But each person has to decide for themselves when it’s time to make a change.

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