Drowning in debt - 20/20 Friday night - Page 4

KathrynHannah · 01-21-2007, 05:12 PM

Quote:

Originally Posted by Kim

I know why! This happened to us. We regularly only use one card too, but a year and a half ago just two days before dh and I were supposed to leave on our trip to Iceland to visit his brother, we were victims of credit card fraud. .... So, I would recommend having a back up card for emergencies like that. You never know what's going to happen!

Wow, that's awful. I'm glad you told us though because now it makes sense why we should have two cards. Looking back, do you know when your information was stolen or how we could prevent it from happening to us? - I've been robbed before but I was able to cancel the card before any charges where made on it. That must have been really stressful right before your trip.

lamby248 · 01-21-2007, 05:57 PM

I missed it. I didn't realize it was on til there was only 5 minutes left.

Kim · 01-21-2007, 06:17 PM

Quote:

Originally Posted by KathrynHannah

Wow, that's awful. I'm glad you told us though because now it makes sense why we should have two cards. Looking back, do you know when your information was stolen or how we could prevent it from happening to us?

Sadly, no, I don't know how they got the information. The credit card companies aren't obligated to share either, even if they do find the culprit.

stacia · 01-21-2007, 07:33 PM

I think the reason that we find these shows lacking is b/c we have this website and are living more frugally and are financially savy. We already know all these tricks, most people out there are not on our level!

Kim should look into a show doing a whole show on us!

Kim · 01-21-2007, 08:46 PM

Quote:

Originally Posted by stacia

I think the reason that we find these shows lacking is b/c we have this website and are living more frugally and are financially savy. We already know all these tricks, most people out there are not on our level!

Kim should look into a show doing a whole show on us!

I would love to see the Mommysavers moms profiled! I think we could teach people A LOT about living frugally! Maybe we should send Elizabeth Vargas of 20/20 an e-mail?

CAgirl · 01-22-2007, 09:47 PM

Quote:

Originally Posted by Kim

Maybe we should send Elizabeth Vargas of 20/20 an e-mail?

Let's do it!!!

Or maybe even Oprah...did you see the groups she featured today on the "debt diet" update show?

Missystuy · 01-23-2007, 07:54 AM

Quote:

Originally Posted by CAgirl

Let's do it!!!

Or maybe even Oprah...did you see the groups she featured today on the "debt diet" update show?

HahahHhHAHAHA! I was thinking exactly that when I was watching the Oprah thing yesterday. hehehe Someone should totally do it!! (It can't be me yet, I still have tons of debt I'm trying to get rid of, not a sucess story yet!) I'd love to sit in the audience and be supportive! get me a ticket! hehe

Kim · 01-23-2007, 11:17 AM

Quote:

Originally Posted by Starlite

I watched it. I thought that first family on there was about as dumb as a sack of rocks. They could have easily gotten out of debt, but they couldn't give up their fancy schmancy house or their timeshares. And then they used their credit cards to fund a vacation AFTER they knew they had credit card problems. DUH! The counselor they used told them the same things we would have told them -- sell the big house and the timeshares to get out of debt. That was pretty much a no-brainer.

This family frustrated me too. Having a stressful year is no excuse to go further into debt to finance your trips! Don't they get the irony of their actions here? Debt = Stress (let's put our trip on credit so we can go further into debt and have even MORE stress??)