I have been receiving numerous comments and questions regarding my previous posts on Credit Card Woes. Some of them I replied to, some I left out to the readers to find out for themselves, given time. What I've noticed though; some questions can be answered by the questioner if he simply reads the entire Credit Card Woes series thoroughly, especially my replies to some of the readers' queries right below the article.
To all those who sent questions dated way back like 2006 and 2007, if you're reading this, then you probably know the answer to your question already.
Maybe you still have credit card debt, still can't pay, or you're slowly paying up. But definitely, you ain't in jail, and you're probably in some internet cafe sipping ice coffee or maybe at home in front of your pc. If this is not the case, and you're wearing an orange pajama and shirt with a big P on the back, then by all means, TELL US WHAT THE HELL HAPPENED!?!
Anyway, I felt the need to sum this series up as I probably can't answer all your questions. So I leave you with 4 points to remember when you feel the pinch, so you could function again, and live your one life out of that hole which circumstance, or you, have dug yourself into.
1.) Relax - hard to do if you're way down deep in credit card debt, but very important. It may be small comfort to know that tens of thousands of Filipinos are in the same boat as you are. Knowing that millions die of cancer each year does not make it any less stressful if you have it. Still, it does no good if you dwell on it. There are better things to do.
2.) Pay When Able - don't pay if it means selling your last pair of shoes, and ignore all demands asking you to do so. Pay when you're ready to pay. But don't be so eager that you go seek them out and sign the first promissory note from some lawyer office you see. Wait it out. The best deal and the opportunity to pay will present itself to you sooner or later.
3.) Move On - yes you can get that NBI clearance, you can open that bank account, you can get a passport, go anywhere you like, or apply for a job abroad. No one can take your right to life, liberty and the pursuit of happiness because of credit card debt. Besides, how would you be able to pay if they stop you from living your life?
4.) Stop The Cycle - got a shiny and flashy new card but still have debt? Don't even think about it.
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Related: Credit Card Woes - The Call, The Letter, The Visit
Next Post - GMA Ouster - One Missed Call
