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To: nickcarraway
That means, on average, each household carries about $11,000 on credit cards alone, never mind mortgages and other ongoing financial commitments.

I don't know anybody with that much credit card debt.

Is there anybody here who has that much? I have zero.

4 posted on 03/13/2009 6:51:08 PM PDT by Graybeard58 (Selah)
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To: Graybeard58

yes unfortunately. Hubby out of work for several months after our small business failed. I am not filing bankruptcy, it was my choice to start the business, and we will work night and day and live very small until they are paid back. It totally sucks, but I am glad we tried to do it.


5 posted on 03/13/2009 6:53:55 PM PDT by wombtotomb (Since it is above his paygrade, why can't we err on the side of caution about when life begins?)
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To: Graybeard58

My wife has close to $35,000. I have none.

She is going through a credit company to cancel and pay off her debts.


25 posted on 03/13/2009 8:14:19 PM PDT by packrat35 (You could make a fortune as a politician if you have the moral standards of a convicted pedophile)
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To: Graybeard58
Is there anybody here who has that much?

Unfortunately, yes, about 30k worth, due to a combination of being unemployed for 14 months and getting married. Working hard to get this all paid off, however. Wife and I both have good jobs and are paying it off at the rate of approx. 1k/month..debt free in 3 years, baby!
27 posted on 03/13/2009 9:25:47 PM PDT by notdownwidems (Shellback, pollywogs! U.S.S. William H. Standley, CG-32)
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