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Dealing with Credit Card Debt
Posted by: TheSageandSpirit
Video duration: 599 seconds
Global video hits: 34471
www.letsforgetdebt.c om - An excellent informative site and service to help anyone with credit card debt. A step by step video talking about the reality of credit card debt, and how the credit card companys are really charging you 83.3% interest.
Related: credit card debt, debt relief, credit card debt relief, credit cards, finance, personal finance, debt management, money, money management, budgeting, len rubino
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Dateline NBC - Credit Card Debt Trap Part 1 of 10
Posted by: carecreditconsulting
Video duration: 321 seconds
Global video hits: 22900
Dateline NBC - Credit Card Debt Trap Part 1 of 10
Related: credit, repair, debt, consulting, care, collections, collectors, bad, raise, housing, money, scores, score, high, low, agency, report, reporting, news, dateline, nbc, cbs, msnbc, fox, abc
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Pay Off Credit Card Debt - BETTER
Posted by: better
Video duration: 261 seconds
Global video hits: 952
Trim the fat and get financially fit with simple tips from Dani Johnson, author of "First Steps to Wealth."
Related: dani johnson, first steps to wealth, dani johnson book, johnson first steps to wealth, pay off credit cards, credit card debt, save money, money saving tips, better, better tv, better tv show
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8 Tips to Overcome Credit Card Debt
Posted by: DebtEscapeAU
Video duration: 113 seconds
Global video hits: 141
Get your freedom from debt or credit card debt. Be debt free today. Debt Escape is a leading Debt Solution Advisor in Sydney, Melbourne, Brisbane, Perth, Darwin and all around Australia. For more info go to www.debtescape.com.a u or Call Us on 1300 661 671. Please also LIKE our Facebook page to get your latest debt help tips into your Facebook www.facebook.com
Related: credit card, debt, finance, financial, sydney, australia, queensland, tips, tricks, debt advice, debt problems, credit counsellors, credit, debt escape, debt help, debt assist, credit finance, commercial, debt problem, debt relief, credit card debt, debt free, credit cards, debt solutions, debt solution
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Latest comments made on this video:
By: sakemek. on 15 Feb 12, 01:39:57
Is it really the interest rate 17% per? month?
By: sakemek. on 15 Feb 12, 01:39:46
Is it really the interest? rate 17% per month?
By: 6000deepsead. on 09 Feb 12, 10:23:45
The road to bankruptcy is paved with plastic.Althou some bankruptcies were due to high medical expenses and downsizing,a great many had to do with credit-card debt.Card? issuers encourage their consumers to go into debt with incentives like frequent-flier miles,cash back and low introductry interest rates."We're finding a lot of people are living off their credit cards,and they're even making their credit-card payments with a credit card,"says executive director of CCCS.
By: mackat4ck. on 08 Feb 12, 01:20:26
I'll never have a credit card!?
By: ispyonu20. on 06 Feb 12, 07:18:35
I have a big debt with this CC... its kinda screwing me up! I need to pay it off ASAP... so I hope like in a year I can be free of debt... xDD?
By: mostpopular2010. on 05 Feb 12, 05:49:07
Please checkout my? channel to find out how Credit Rating works and how to improve it
By: gondalsb. on 27 Jan 12, 22:15:49
The owner of Citibank once said "the best way to manage a credit card is not having? it" I agree
By: bewustwording. on 26 Jan 12, 15:41:57
Don't let the financial crisis bring you down. I started working from home and I'm now making 200 dollars a day...? Don't be the victim, create your own luck! It's really worth checking out the website below, this guy is amazing... Go to 2012bestoffers(.)com & Click the guy in front of the lamborghini's... Enjoy life!
By: anshulkamboj. on 26 Jan 12, 05:27:00
thats right i pay off my? credit card, make pyaments up to 1000 up to month
By: natenorrish. on 24 Jan 12, 17:52:02
Credit was never? thought up in order to screw people over... it's the people who are screwing themselves over by not earning enough for the debt they have! If you use credit properly, it's extremely useful.. and the idea is nothing is for free.. the banks have to make some money somewhere along the line... hence the interest! If you can't afford the interest, don't use credit... be patient and save instead.
By: orionstarman. on 21 Jan 12, 21:28:37
Several years ago I had about $15,000 in CC debt. One day I got in the mail an offer for a new CC with the enticement of 0% interest to rollover any unpaid balance on other CCs. I jumped at it. After a year the interest rate reset up to 9% but low and behold I got another 0%? offer from another CC company and jumped on that one. Same deal after 1 year it was about to reset to 9% and you guessed it I got another 0% offer. It took about 3 years but I paid it all off with almost no interest.
By: marcowebreg. on 20 Jan 12, 22:55:05
@mycesi Credit card debt has been deceptively sold as a clever tool for debt enslavement. The CC companies favorite customers are those that can't afford to make regular monthly payments and will get wrapped up on fees forever... legal fees, late fees, missed payment fees, ridiculous interest rates that COMPOUND monthly. Albert Einstein allegedly once declared compound interest to be THE most powerful force in the universe... think that one over. Stop paying all of it. They? are crooks
By: agun17. on 19 Jan 12, 19:05:49
@TheMEK3? You are pathetic.
By: TheMEK3. on 19 Jan 12, 18:00:27
@agun17 This is? obviously way above your comprehension. You do you and I'll do me. Fair enough Sitting Bull?
By: agun17. on 19 Jan 12, 14:56:46
@TheMEK3 *facepalm* Not all exponential functions are in base e.? Ever heard of exponential growth? No, of course you haven't or you wouldn't have said such ludicrous statement.
By: TheMEK3. on 18 Jan 12, 21:11:22
@agun17 Okay. But are you aware that if this was an exponential function then we would be working with "e"? There is no "e". Again, this is simple algebra. When you have a credit card and you do charge $10,000 you are suppose to pay if off before the next billing cycle in order to avoid any interest charges. In the example, we only paid the minimum balance of $142 which means that we didn't pay it off in the full month. ? Maybe you should understand the difference between the two.
By: agun17. on 18 Jan 12, 00:04:37
@TheMEK3 This is an exponential function. The first month you will lower your debt by a lower? amount than the 12th month thus you can't simply assume the amount by which you've lowered your debt in the first month will be the same for the 12th month. The average monthly amount by which you lower your debt in the first year is $24.5 using the example in this video. Please understand the difference between an exponential equation and a linear one before attempting to correct me.
By: TheMEK3. on 17 Jan 12, 22:00:41
@agun17 Your math is way off! This? is simple algebra. 10,000 - 142 = 9,858 9,858 * 17% * 1 / 12 = 140 9,858 + 140 = 9,998 Whatever you did is calculus.
By: Will224000. on 15 Jan 12, 01:26:07
...and they "Loaned" you "Money" that never existed before you borrowed it... ...Banking is the Best Racket !... ...the flip side is that ALL "Money" is brought into circulation as a? Debt and if no one borrowed any money there would be less and less in circulation... that leads to Inflation...
By: jmweb7. on 13 Jan 12, 16:21:00
This is an example of how credit companies will mislead you as in this? video they make you believe you are being charged 17% monthly and yet you are only being charged 17% yearly. #fail
By: moneyandsociety. on 13 Jan 12, 01:24:08
this is a brilliant? video
By: fatcatbuzz. on 11 Jan 12, 13:14:39
@agun17 I? figured the calculations to be a little off in the video. However, the point is still there. I would be many years to pay off a credit card if you only pay the minimum payments.
By: AngeloBGC. on 11 Jan 12, 10:56:57
The? people that "Thumbed up" this video sure no about maths ...
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By: agun17. on 06 Jan 12, 03:12:09
((10000-(142x12))x(17%))+(10000-(142x12))=Debt after 1 year=9706, not 9995. ((9706-(142x12))x(17%))+(9706-(142x12))=Debt after 2 years=9362, not 9990. ((9362-(142x12))x(17%))+(9362-(142x12))=Debt after 3 years=8960 It's an exponential funtion.? The video used a linear function, thus it's calculations are invalid.