miseteninhonjin (November 30, 1999 at 12:00 am)

I WON THE LOTTO 

ericrichard7 (November 30, 1999 at 12:00 am)

I know how to get out if that ridiculous interest rates and compound interest. Its call fuck the credit card company and u start off fresh by filing bankruptcy.

DebtCreditRepayment (November 30, 1999 at 12:00 am)

I like the thought of Einstein. Compound interest is the most powerful force in the universe. Amazing video.

mlmr11 (November 30, 1999 at 12:00 am)

@charmaliqueNYC It is inescapable. Every item on the market today has artificially inflated value because most people buy on time and interest. A TV set that should cost $100 based on the average mans salary and ability to pay costs $500 dollars because he's buying it based on a monthly payment. But it doesn't stop at $500 dollars because they interest he's going to pay on the television might cost him $100 + ...total cost of TV that should cost $100 = $600 + ??? Human stupidity is enslaving us

xTheDeathSaintx (November 30, 1999 at 12:00 am)

@RILODICKSTEIN well if you want free freedom theres more than a couple forest out there for u to live in

specialks1953 (November 30, 1999 at 12:00 am)

@charmaliqueNYC - Thank God I learned to read when I was in school so I can read the terms of credit card companies. NAIVE people should not enter into contracts. NAIVE people know they are Naive yet they still don't protect themselves. Sounds like Naive people should consider getting some help before they do anything that may get them into a situation that don't understand. Those mean old credit card companies should give people a test before they lend to them. If Naive, they should get credit.

charmaliqueNYC (November 30, 1999 at 12:00 am)

@specialks1953 You said that no one forces people to do stupid things? Hello, it's called misleading advertising, and these loan companies and credit card companies use every trick and tactic, using celebrities, real costumers or actors who they pay to say these companies's scripts on tv to lure new and naive customers into their web of false promises and deception, and it works. They're nothing but common loan sharks. I'm just saying. At least, the Debt Professor is telling the truth.

charmaliqueNYC (November 30, 1999 at 12:00 am)

@specialks1953 So you see, it's not the customer's on how they use credit cards or bank loans. It's the school's and parent's responsibility to teach children right about money, because teens do spend money, but don't pay bills.

charmaliqueNYC (November 30, 1999 at 12:00 am)

@specialks1953 As far as the plasma TV and other expenses are concern, that's just big spenders who doesn't know anything about managing money. It's been like that since they're kids because they were taught by the schools or their parents on how to earn money and how to manage it when they got it.

charmaliqueNYC (November 30, 1999 at 12:00 am)

@specialks1953 Look, it's not the customer's fault to use credit cards. We are not paid enough from emplyers to get what we want. Everything is going up now. The rent, the mortgage, the groceries, the medical bills, the heat and electric, the water, the taxes. And we need those things to survive.