Quote:
Originally posted by AGDee
And almost simultaneously, the credit card companies are being forced to increase the minimum payments. So, your payments are doubling and it's going to be harder to declare bankruptcy so you better make sure you can pay those credit card bills.
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I would think this would be a good thing, forcing people to pay more so that they pay down their bills quicker. I know I always pay more than the minimums each month so that I try and make a faster dent in the CC debt I so foolishly gained during college.
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