2007-01-24 04:51:22 · 10 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
YES, YES, YES, and I am still paying for it! Stop as soon as you can. I did and now I see I really didn't need much of what I bought. I am relieved to getting close to having them paid off. Look forward to getting my first full pay check soon without the payroll advance deduction. Be strong and firm with yourself, you can do it!
2007-01-24 04:57:52 · answer #1 · answered by ginger 4 · 0⤊ 0⤋
Holy crap...you realize the interest rate on cash advances is something astronomical...like double the rate of regular purchases right?
Why do you feel like you have to borrow the money against a card? Why don't you just use the card instead?
Though it sounds like you're extremely financially irresponsible. You really need to cancel all your cards, figure out a way to pay it off, AND QUIT SPENDING! That's what it really boils down to. You can't have everything that you want, yeah, it sucks, but that's the reality of it.
2007-01-24 12:58:06 · answer #2 · answered by allthree 4 · 0⤊ 0⤋
You are headed in the wrong direction. Best to cut up the card and stop it as soon as possible, or you will be in financial ruin.
Any addiction is a substitute for something else in your life. Seek help in your local community.
From personal experience, I would say you are seeking love and affection (though purchases). But it never really works.
Good Luck
2007-01-24 12:57:32 · answer #3 · answered by NickFlorida 2 · 0⤊ 0⤋
girl, you really need to stop before you get into so much debt you can't even think! i work at a bank and see people coming in and getting cash advances all the time, i see how it can be addictive but it's not good for you financially!
2007-01-24 12:59:01 · answer #4 · answered by Anonymous · 0⤊ 0⤋
this is very bad!!
I once dated a lady who hada beautiful apartment
very high class like
very very stylish
she told me she is addicted to shopping and has been going to a buyers-aholcis group ( or something like that )
she told me how much debt she rang up over the past several years.
I was shoked!!!!
cut your credit cards and STOP - NOW!!!
the interest alone will destroy oyu!!
2007-01-24 12:57:21 · answer #5 · answered by Anonymous · 0⤊ 0⤋
This is exactly why many places have and we should outlaw payday lending establishments.
As far as cash advances on credit cards, cut up the cards.
2007-01-24 12:56:45 · answer #6 · answered by M O 6 · 0⤊ 0⤋
Its not that I am addicted, I am a single mom of two teens whose father won't pay child support. Therefore I NEED them sometimes, but be careful as they will suck you in and it is HELL to get them paid back without re-borrowing. Good Luck. I used up my income tax to pay them back :(
2007-01-24 12:55:48 · answer #7 · answered by NYEVE43 2 · 0⤊ 0⤋
Take scissors and cut up your credit cards. They are EVIL!
Not having credit will go a long way to cut back on frivolous spending.
2007-01-24 12:56:18 · answer #8 · answered by Kender_fury 3 · 0⤊ 0⤋
you just gottta leave the credit card at home man. go shopping without it, and if you really love something you can go back and buy it. having that extra trip allows you to look but not buy unless you love it.
2007-01-24 12:56:02 · answer #9 · answered by imnotachickenyoureaturkey 5 · 0⤊ 0⤋
You are on the road to ruin! Unfortunately, quitting cold turkey is the only way to go.
2007-01-24 14:53:57 · answer #10 · answered by Big Larry 2 · 0⤊ 0⤋