Originally posted by NorthWestPerm2Contr
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Just bringing this back to OP's post. I fully agree with never using a credit card if you can help it but one of the main ways out of debt... whatever kind of debt you have... is to have a blanced and manageable income. People get in to debt when their costs fluctuate and income changes. In Psycho's case by not building up a warchest and being sensible with paying it off she could get in to the case where she has no income and has to go back to this debt so defeating the object and potentially having to pay the 3% charge again or whatever the circumstance.
A balanced approach where every penny is accounted for and you have a steady flow is much better for debt contol than banging it all in to one area then struggling in the other IMO.
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