A Quote by Mark Sundeen

Credit and debt keep us fixated on the past and the future. — © Mark Sundeen
Credit and debt keep us fixated on the past and the future.
When you default on a secured debt, the creditor takes the asset that backs up that debt. When you convert credit card debt to mortgage debt, you are securing that credit card debt with your home. That's a risky proposition.
Absolutely pay off credit card debt. If you're not getting a match in your 401(k) and you've got credit card debt, you've got to get yourself out of credit card debt. When you get out of credit card debt, your credit score goes up and interest starts to go down.
You also need to understand that when you consolidate credit card debt into mortgage debt - like a home equity loan or a HELOC [ home equity line of credit ] - you're taking an unsecured debt and turning it into a secured debt.
Once the settlement is completed, the credit card company will report it to the credit bureaus, which will then make a notation on your credit report that that account was paid by settlement. That's going to signal to future lenders that you left the last guy hanging. That's why, as with bankruptcy, debt settlement is an extreme option, one you shouldn't take lightly. It's not just an easy, cheap way to eliminate debt.
To be fixated on Sahaja Samadhi is to be fixated. To be fixated on the idea of being not fixated is fixation too. All these ideas and definitions about enlightenment become silly.
There's also consumer debt, the credit card debt that burdens many of the working families in America. Yes, we talk about national debt, and we're paying a lot down. But you're fixing to hear me tell you part of the remedy for people who have got a lot of credit card debt is to make sure people get some of their own money back.
When you take a look at the problems our country is facing, debt is No. 1. The math is downright scary and the credit markets aren't going to keep on giving us cheap rates.
Yes, it is long past time we get serious about tackling the nation's ever-growing deficits. But the average American family drawn into serious debt cannot just threaten to stiff its creditors. It must cut its spending in the future, but also take responsibility for the debt incurred in the past.
For me, it was like this: pronounced antipathy to conversing about matters of practical life, the future, dates, politics. You are fixated on the intellectual sphere as a man possessed may be fixated on the sexual: under its spell, sucked into it.
The Past is dead, and has no resurrection; but the Future is endowed with such a life, that it lives to us even in anticipation. The Past is, in many things, the foe of mankind; the Future is, in all things, our friend. In the Past is no hope; The Future is both hope and fruition. The Past is the text-book of tyrants; the Future is the Bible of the Free. Those who are solely governed by the Past stand like Lot's wife, crystallized in the act of looking backward, and forever incapable of looking before.
But credit card debt is unsecured debt, which means if you get in trouble and cannot pay off your credit card, you can discharge it in bankruptcy. What are they going do to you? If you're in a financial position to just methodically pay off both credit card and student loans, pay them all.
Life is the future, not the past. The past can teach us, through experience, how to accomplish things in the future, comfort us with cherished memories, and provide the foundation of what has already been accomplished. But only the future holds life. To live in the past is to embrace what is dead. To live life to its fullest, each day must be created anew.
People are always shouting they want to create a better future. It's not true. The future is an apathetic void of no interest to anyone. The past is full of life, eager to irritate us, provoke and insult us, tempt us to destroy or repaint it. The only reason people want to be masters of the future is to change the past.
I finished my higher education deeply in debt and with seven years of bad credit in my future.
To live fixated on the future is to engage in psychological denial. It is a form of psychic violence that prepares us to accept the violence needed to ensure the maintenance of imperialist, future-oriented society.
There's more student debt than credit card debt! Everywhere I go, I run into young people trying to build careers while they keep shelling out money on their education loans. If the economy is looking for a new generation of home-buyers, I can't imagine they'll get it from these folks.
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