Over 80% of college students carry a credit card, and the creditors make it very easy for them to get one. Why? Because they know a majority of these students will default on their repayment obligations and their parents will bail them out.
https://www.indianapolisrecorder.com/business/article_5e5096da-1644-11e3-ac33-001a4bcf887a.html
Defaulting on credit card debt can be handled by a qualified debt settlement attorney. A qualified debt settlement attorney can work with the creditors for a large reduction in the principal balance owed. If you have a child with significant credit card debt, contact a qualified debt settlement attorney before bailing them out. The savings can be significant!

Kevin Fallon McCarthy

Latest posts by Kevin Fallon McCarthy (see all)
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- Rise of the Jumbo Student Loans - March 17, 2018
- Credit Card Market: Now and Then - February 23, 2018