Comments on: Cleo is informative! Credit Card Mistakes you should avoid! http://cleosunshine.com/2009/10/cleo-is-informative-credit-card-mistakes-you-should-avoid/ Brightening the world, one reader at a time! Thu, 29 Mar 2012 12:59:04 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Vivien Greene http://cleosunshine.com/2009/10/cleo-is-informative-credit-card-mistakes-you-should-avoid/comment-page-1/#comment-1410 Vivien Greene Wed, 10 Mar 2010 22:44:41 +0000 http://cleosunshine.com/?p=1300#comment-1410 First off let me say I have been a longtime fan, first time commenter. I figured I might as well say thanks for posting this piece (and all your others), and I'll be back! First off let me say I have been a longtime fan, first time commenter. I figured I might as well say thanks for posting this piece (and all your others), and I’ll be back!

]]> By: ducksandgooses http://cleosunshine.com/2009/10/cleo-is-informative-credit-card-mistakes-you-should-avoid/comment-page-1/#comment-1128 ducksandgooses Wed, 28 Oct 2009 20:58:08 +0000 http://cleosunshine.com/?p=1300#comment-1128 the thing about debt settlements is that if you owe 20,000 and you settle at 5,000 you have to pay on the difference. in this case its as if you made 15,000 so you're taxed on that. im not an expert but i hear if your account is in collections there is a way to have those charges removed from your credit report (you have to be proactive in doing so though) having a credit card requires a lot of discipline. less for some, more for others. debt is good. too much debt is bad. balancing that equation is, well, not easy for most people. the thing about debt settlements is that if you owe 20,000 and you settle at 5,000 you have to pay on the difference. in this case its as if you made 15,000 so you’re taxed on that. im not an expert but i hear if your account is in collections there is a way to have those charges removed from your credit report (you have to be proactive in doing so though)

having a credit card requires a lot of discipline. less for some, more for others. debt is good. too much debt is bad. balancing that equation is, well, not easy for most people.

]]> By: onebaddboo http://cleosunshine.com/2009/10/cleo-is-informative-credit-card-mistakes-you-should-avoid/comment-page-1/#comment-1121 onebaddboo Wed, 28 Oct 2009 14:19:21 +0000 http://cleosunshine.com/?p=1300#comment-1121 This was a great article! In particular the debt settlement being such a negative thing!!!! Geesh! I hear they are also lowering credit limits which actually lowers your credit score!!! This was a great article! In particular the debt settlement being such a negative thing!!!! Geesh! I hear they are also lowering credit limits which actually lowers your credit score!!!

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