Was It the Debt that Made Her Deaf

When I looked at what my sister owed it was not so much on principal but the interest was eating her alive.   She had her credit cards charged to the maximum and had only been paying the minimum payment each month.  The interest she was being charged was accumulating much faster than what she was paying.  I tried to show her how the minimum payments were hurting her but she did now want to listen.   Now we have her signed up for a debt management program so that she can get professional help in this matter.  One way or another she has to pay her bills.

28 January 2009 | Business