Tag: Credit card advertising

What Is Unsecured Debt, and Why Is It a Problem?

Posted on by Dave M · Leave a comment

Thought for today: As DA states, “Unsecured debt is any form of that not backed up by some form of collateral, like a house, car or other asset”.  Why is it problematic for compulsive debtors? A member shares: “Easy credit works like a drug for us.  Banks encourage us to use of credit, because they usually profit […]

Continue reading →

Where Do You Stand With Debt?

Posted on by Dave M · Leave a comment

Thought for today: When we can admit we have defects of character and we are not perfect, it is the beginning of wisdom.  We no longer exist in the center of the universe, and the burden of playing God is simpler to discard. We develop a sense of understanding about what motivated us to act selfishly.  The subtle influence of advertisements is plain to see. […]

Continue reading →