By Diane Cossie
 As the economy shows signs of further decline, the financial experts will tell you 24 hours a day that the reason for the economic downturn of the last few months is due to global factors such as rising oil prices. With the primary focus on banks lending policies over the last decade being heavily brought into focus, I am left pondering whether there is another so far undetected demon amongst at that has been wreaking havoc with our lives for the same decade. I am talking of course about the humble flexible friend, the credit card.
Whilst watching Oprah on some obscure Sky TV Channel the other evening and I have no idea when the original programme was aired but the show featured something that is very close to my heart, the dreaded curse of how continuous borrowing can and often does end in such unavoidable sorrow.
Now of course there are benefits to the little plastic friends, they are a handy way to shop safely online, book flights and accommodation securely and there are reward schemes such as air miles that have |
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