Congratulations Jake on your graduation, now you can join the 'real world' !
Congrats Graduates of 2019!
Finally I can be an adult!
Why gee, why wouldn't I want free money.
Hey kid you want some 'free' money with all these credit cards!
These credit cards are amazing! I can buy whatever I want!!
Oh no, I went way over board on my credit cards, I had no idea I spent so much! Why didn't anyone teach me how these things work!
You owe us $2100 Thanks, Credit Card Companies
Dear Jake, You owe us $2100 from last months payments, on your amazing Credit Express Card! We are so happy that you made the right choice by choosing us. *Failure to pay back will result in a spiraling downfall of your living conditions due to interest on your payments* Sincerely, Credit Express CO.
What do I have to do to avoid these problems in the future?
In the future, you should make sure not to have too many lines of credit open, and on the credit cards, you do have to now spend like you did last time. Try to learn quickly so you do not hurt your credit score because that can stay with you for many years, but everyone makes mistakes, they just cannot be to frequent.