Fell off the wagon in the responsible use of my CC

**guest002** · 12-27-2008, 04:58 PM

I've fallen off the wagon. My MasterCard balance is **huge** for me (over $6,000) I cannot pay the statement balance due Jan. 4, 2009 (Over $2,000). I haven't let this happen in almost 10 years. I want to kick myself. I have a payment of $1,000 scheduled for the 1st of the year.

**homesteadmamma** · 12-27-2008, 05:09 PM

Okay, give yourself a kick and get right back on that wagaon. Put that CC away and don't use it. We all make mistakes, it's the learning from those mistakes that make us who we are.

**ladykemma2** · 12-27-2008, 05:29 PM

if it makes you feel any better i fell off the wagon too.

**fixer** · 12-27-2008, 05:50 PM

Originally Posted by homesteadmamma

Okay, give yourself a kick and get right back on that wagaon. Put that CC away and don't use it. We all make mistakes, it's the learning from those mistakes that make us who we are.

I couldn't have said it better myself. Knowing you made a mistake is what will help you not repeat it.

**rudypoo98** · 12-27-2008, 06:02 PM

Do you mean the min. payment is $2000 ? That seems really high for owing $6000. I had a $6000 balance on Discover 5 years ago and the min. payment was just over $100 a month.I paid more tho and now have no credit cards at all.The older I get the more like my dad I become ,if I don't have the money I don't need it.

**Mom23boys** · 12-27-2008, 06:13 PM

I was wondering that too, rudypoo98. Is the min. monthly payment $2000? That seems awful high to me. YIKES!! :pullhair: At least you are learning form your mistakes. Cut up that card so that you will never use it again and then start knocking out that debt. We all fall off the wagon from time to time. Just pick yourself back up and get back on.

**guest002** · 12-27-2008, 08:25 PM

No, the 2K is the last statement amount. The amount to pay so you don't get charged interest. I have no payment due.

**MTS04** · 12-27-2008, 08:40 PM

by $6000 balance, do you mean limit? i'm confused.

**Ilovesewing** · 12-27-2008, 09:17 PM

I agree with homesteadmama - you made an oops, you realize it, now let it go and get to paying it off. Kicking yourself repeatedly isn't going to erase the balance. Pick yourself up and move on.......

**Cricket1** · 12-27-2008, 09:21 PM

Ah, well, it happens. You realized it and now it's time to move on. Did you purchase anything that you can return to get a credit, by chance?

**guest002** · 12-27-2008, 09:39 PM

Originally Posted by mythreesons2004

by $6000 balance, do you mean limit? i'm confused.

That's the total amount I owe. My credit limit is insanely high.

**guest002** · 12-27-2008, 09:40 PM

Originally Posted by Cricket1

Did you purchase anything that you can return to get a credit, by chance?

Yes, a Wii is getting returned. I ordered one online and then dh found one locally. As soon as the one online gets here (was too late to cancel the order), it will be returned.

**Drgnfly423** · 12-28-2008, 12:04 AM

It sounds like you're getting right back on the wagon...good for you! It's hard to stop once you've started using the CC again, I know. Just keep paying it down and it'll be zero soon!

**Greebo** · 12-28-2008, 06:13 AM

Burn the credit card. Get back on the horse and remove the option of falling off again by getting rid of that temptation.

You can recover from this, and you can come back with a stronger will than ever before. Do the brave thing and cut the cord to that devilish device of debt, once and for all!

**Momto2Boyz** · 12-28-2008, 08:26 AM

For once I agree with Greebo! Ok, I agree with him often, just not ready to admit that!

Learn from it and cut it up! Dh and I did that several years ago. We thought we needed one for emergencies, but have found that if we don't have the credit card to pay off, our EF fund filled up really quickly. And once you have the EF, you don't need to emergency card!

Good luck getting back on the frugal wagon!