Absolutely, right on!
Sadly, we'll be reading from some how the poor credit card companies are merely misunderstood, maliciously maligned, and their benevolent services are simply being abused by their deadbeat victims. Ha!
Owens tried for six years to pay off a $1,900 balance on her Discover card, sending the credit company a total of $3,492 in monthly payments from 1997 to 2003. Yet her balance grew to $5,564.28, even though, like Hosseini, she never used the card to buy anything more. Of that total, over-limit penalty fees alone were $1,158.
I've never heard of Dave Ramsey until this thread. I went to his website and looked around a bit. Admittingly I'm skeptical about anyone selling their "advice" but since Freepers are mentioning him, I'm more apt to listen.
Can you fill me in on some Dave Ramsey info?
Thanks