Are you an indentured servant to your credit card company?

Are you an indentured servant to your credit card company? 

Indentured servitude refers to the historical practice of contracting to work for a fixed period of time, typically three to seven years, in exchange for transportation, food, clothing, lodging and other necessities during the term of indenture.

You use the credit card to fix the car, buy a gift, pay for vacations, or whatever you didn't have the cash for at the time. Did you ever stop to consider that you are now working every day for the next decade or so just to pay off the interest on those cards?

The average minimum payment on a credit card is mostly interest charge. If you look at a credit card with a balance of $6000.00 and you locate "How long if you never charge another thing and make the minimum payment only" Can you believe that the number of years is, generally speaking, over a decade?

Is that fair? Is that what you realized that you signed on for?

Make sure to look at all of your credit card statements this month and decide if you are willing to remain enslaved by the credit card company.

If you have accumulated new cards and new debt, then contact your account manager and get it added into the program.

Refer a friend, a family member, or a friend of a family member today, and help them get debt free too!

Call me with any questions you may have, 800-942-9027 Ext. 3306