The key to getting out of credit card debt is to act early, before it gets out of hand. Eighteen-year-old Logan Wilson says she should never have been given as much debt as she has been. Her bank, ASB, processed a $3100 loan for her on her 18th birthday, plus a credit card and overdraft that added another $1000 each to her debt total. I'm a month-and-a-half into being 18 and I have over $8000 debt and am going into hardship." "I made a big mistake taking out loans even when I didn't need the money."
Source: Stuff July 15, 2019 16:52 UTC