Thursday, August 25, 2005

Credit Cards For College Kids

"Credit cards can really screw up your life!"
My friend was in college in United States when he applied multiple of credit cards and easily got them. Eventhough he doesn't really have a secure amount of monthly income at that time, credit cards' companies seem very eager to give him as many credit cards as possible. Accompanied with free gifts and the "always smiling credit cards' booth peeps", he was attracted to sign the agreements that put him to financial doom. At that time, he was only a freshman. Without awareness and out of stupidity, he started to use his credit cards to buy all sort of stuffs that college kids would likely to buy. At the end of his college time, he was seriously trapped in debt. Only then he realized that he was tricked by the credit cards' companies and now become their slave. He really hopes that he doesn't have to work, earn and pay'em. But, with full of regret, he still have to.

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