[zackmorris]

I just want to say THANK YOU. I made some poor business decisions in 2006-2007 that led to me going $45,000 in credit card debt.

That in turn made me take a job that wasn't a good fit, where I struggled for 3 years, paying $1000 per month ($36,000 total!) and my debt didn't go down one penny, because it was all interest.

I finally burned out and quit at the end of 2010, letting my payments lapse because I had no other choice. I've settled one $18,000 debt for $4000 but still owe about $27,000 that has been charged off by the companies. I also owe $9000 in student loans, which let me do a forbearance in 2011, and which I have been paying on time since.

Credit/debt is a RACKET, please don't let it cost you your sanity. You only live once. And when you really start to understand how the system works, you lose all illusions that it's fair or even "debt" at all, because of how institutions can basically print money at no interest and borrow unlimited amounts, but you can't even get a low interest loan to say, keep your business afloat.