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Fiona12

by Fiona12 on Jan 20, 2011 | Finance

How does the credit cards lead us to bankruptcy?




I'm very interested in the credit cards! and i know that the credit cards can make us banktuptcy! but how does the credit cards lead us to bankruptcy? Who can give me an explanation? Thanks in advance!!!

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  • Connor Killian

    by Connor Killian On Jan 20, 2011

    People charge items to their card and only pay the minimum balance, its very easy to get in over your head. Credit card debt can damage your credit score, and cause other financial issues. On top of that, the money strain can begin to take its toll on your relationships.

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