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Author: ortman Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 308225  
Subject: Re: Monkey On The Back Date: 12/5/1998 3:39 PM
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Credit cards are the drugs of debt. Once they got you your addicted. Ubless you wake up. The rpoblem is most people wake up way to late. I myself woke up to late. But I have since corrected the problem. 2 years ago I was in the whole for well over 40,000$'s between student loans, cc's, a personal loan, and a car.

I can certainly relate (although I wish that I couldn't). I just graduated with $36,000 in cc debt and an auto loan with a weighted interest rate of 16.14% (do the math and see what I pay a month in finance charges. Ouch!). It'll take two years of tight living to pay it off (five of which have passed).

If only I could go back in time and slap myself around a bit. <Sigh>

-Dave
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