I think the best way to answer this question is by looking at how successful people live. When I was about to graduate college, I spent some time trying to seek out several people in my local community that I considered s...read more
by Ian Loft
Credit has more than one meaning; interestingly if we consider these different meanings in context the question "how much credit is too much?" we can explore a variety of ideas in terms of a few common understandings appli...read more
Credit is an important financial tool to possess. Having good credit can help you get loans and can save you money by way of lower interest payments. Therefore, should you need to obtain a loan for investment purposes, h...read more
by Ray Fauteux
First of all, when it comes to credit, some people are too eager to slam it and brag about how credit free they are. This is great for some I suppose, as long as they never get in the position they need credit for anyth...read more
by Ethel Smith
The last forty years or so has seen credit become more and more a part of our lifes in England. Back then only the more affluent people had mortgages and credit. Hire purchase had been around for 15 to 20 years and folks w...read more
by Jengy Pie
When you know you have too much credit: 1. You are unable to comfortably repay the debt on your credit card. Taking out a loan at a lower interest rate to pay off your credit card debt should ring more alarm bells th...read more
The issue of credit can be a blessing or a curse. For some people credit can be a gigantic hole with no obvious way out. This situation can lead to numerous stress related health issues, depression, and family problems. ...read more
by D. O'Larde
Before having too much credit, what was your situation when you had just enough credit? In not too many words, you must have been sleeping well at night knowing that you are able to pay your monthly credit bills with enoug...read more
I have a friend who owns 4 houses valued well over one million dollars, all of which she has mortgages on but owes less than half of their worth. For all other possessions, she strictly prefers to pay cash for. She has alw...read more
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