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Thursday, July 24, 2008

Credit Card Companies Are Not Your Friend

I've been counseling people for a while not to cut up their cards and to stop borrowing. Those cute, witty TV commercials about how great CCs are have lured millions into a web of debt that is incredibly difficult to escape. Even the Main Stream Media is getting the picture of just how evil these companies can be. Read about hidden rate hikes HERE.

Also, if you haven't seen the documentary "Maxed Out", you really should. While it's politically a bit further left of center than I am, the information is spot on. I checked it out from my local video store about a year or year and a half ago. It's a must see.

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