I agree it should be part of the curriculum. Banks were throwing money at me when I turned 18. Obviously was sensible at that time to a degree but what did I know about financial management at that time.
I agree with rayb and skippy - all I am saying is that creditors should be a little more careful and spot the trends on account holders by use of the credit reference agencies. If they did that and said "no" rather than blindly increasing limits etc then perhaps and only perhaps people may not get into so much serious difficuly. I take responsibility for mine there is no doubt about that - I made horrendous mistakes - easy with hindsight is it not? David
I kept applying for loans and cards, even though I knew I couldn't really afford them, so I only have myself to blame.
I remember phoning Direct Line once for a top up loan and they wouldn't let me have one, and I had to plead with the bloke before they agreed! How bad is that?
My daughter has just changed her account to NatWest and they have refused to give her a credit card whilst she is still at Uni (she does have a part time job), but she has been allowed to have credit to buy a car.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
