Haven’t I Paid Enough to the Credit Card Companies?

Recently I was telling my sister that I need to do something to help balance my budget.  She told me that she filed for bankruptcy a few years ago when an attorney encouraged her.  He suggested that she had paid enough interest to her debtors and deserved a rest.  My answer was simple.  I don’t agree with terrible interest-rate hikes but I used my cards and am responsbile for paying back what I owe.  For that reason I’ve decided to get a Debt Consolidation loan.  The amount of interest I’ll pay back is less and I feel like no one has been chated.  But that’s just me.

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