We look at the negative news of credit cards, and the protagonists are almost all card slaves. As long as the old iron can't control his hands and brush hard, he will become a slave in just a few months. So, what happens before you generally become a slave?
1) Liabilities are higher than disposable income.
Disposable income refers to basic living needs, such as rent, daily necessities, transportation expenses, etc. Your debt has exceeded your disposable income, which means that the cost of living is slowly being swallowed up by debt. This will only lead to an infinite loop, because your debt has seriously affected your normal life. Besides borrowing money, all you can do is to borrow money to pay back your credit card.
2) The income is not high, but there are many credit cards.
Unable to contain their desire for consumption, some old irons have started the crazy card mode. Unconsciously, the more credit cards you handle, the more debt you have. Once one place in your debt pyramid is loose, the whole system will collapse. I also unconsciously became a slave, living a life of paying interest and handling fees every day.
3) The debt of each credit card exceeds 50%.
This is also a warning. If Lao Tie realizes this situation, he should pay attention. In case you can't pay off these debts, you can only pay them in installments, which will not only help you get rid of them in a short time, but also be accompanied by sequelae such as interest, thus aggravating your debt crisis.
4) tear down the east and make up the west
If Laotie has begun to tear down the east and make up the west, then this shows that you are ready to become a member of the Kanu Army. There will be more and more spreads between credit cards, and Laotie may eventually make himself unable to make ends meet and consume personal credit information.
After all, no one wants to be a slave. If you don't want to live between the interest and the handling fee of the bank, the first thing to do is to control your hand. First control the source, and then liquidate some debts by yourself, and make unified planning. You need to know which credit card to return when you pay the bill. In addition, the old railway had better scrimp and save during this period. After all, the installment fee and interest are still quite expensive. If there is a cash settlement, there is no need to pay these extra expenses. Laotie can also sell useless things as second-hand or work part-time in other places to earn more money and gradually pay off his romantic debts. You can live a normal life in the future!
Credit card is actually a tool to assist our life, not an interface for us to spend freely. Credit cards are your own, and the consequences of unrestrained consumption are also your own. So, use credit cards reasonably!