Cash Loan | Payday Loans

When you get a credit card you are borrowing money just like you would from a bank and you pay interest on any money owing. If you just make your minimum payments you’ll drown in the interest rates alone. Most are around 19%. If you can’t afford an item, don’t buy it! Credit cards for the average card holder should only be used for emergencies such as health or a vehicle breaking down or an appliance breaking down.

If you are working then they can guarantee your wages. It’s best to come clean with the credit card company and according to Oprah (in the U.S. at least) the Credit Card Companies have to lower their interest rates to help the individual pay off their debt. They could also have collection agencies hounding you. You borrowed their money, you owe it to them. Short of losing your job, ill health you have no excuses.