When people abuse their credit cards they can seek help from consumer credit counselors, debt management companies, or they may need to file for bankruptcy.
- What would you do if someone gave you a credit card with a $20,000 limit?
- What would you do if the credit card company asked for all of their money back and 10% interest on what you had spent?
- What are some of the consequences of bankruptcy?
When people abuse their credit card i think that the cans seek for help to a consumer credit counselor they also would have a debt management company if someone gaved me a credit card with $100,00 limit i will be able to buy alot of things that i want and will could also buy me a truck and things that are usefull for me and I can buy things for my family If the credit card companny asked for all of their money back with minum of 15% interest on what I spend i would tell them that thats not unjustice because their game me that card so I can spended and the credit card limit to spend the consequences of bankruptcy would be that the impact on this can hurt the economy and also they can put me on jail for that.
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