Senior Contributor
Posts: 3,696
Registered: ‎01-10-2008
Re: not fer nuthin' but "paying more than the minimum" means next to nothing

laz98 wrote:
i agree, but in some cases, people need to experience it for themselves.  for instance, i didn't think it was a big deal that i didn't PIF, i just thought people were trying to be "holier than thou" on me.  i still can't afford to PIF, but now, i see the importance of getting my balances down ASAP, & not just revolving debt til the end of time.
Yep.  I learned the hard way (by paying avoidable fees for years) and am still working to be debt free, I wish I had known about the value of PIF years ago, the Forums helped me see the light in that regard too Smiley Happy


06/13 EX 765 (PSECU) EQ 771 (DCU) TU 779 (Barclays)