A Bad Credit Installment Helped Me with a Huge Bill

A bad credit installment was my saving grace from my teenage daughters’ obsession with keeping up with the latest trends.

Proud Wife and Parent

Hello, my name is Nancy, and I’m a proud wife and parent of three great kids; nine-year old Michael, twelve-year old Anne, and seventeen-year old Kelly. We live on the outskirts of Louisville, Kentucky, just across the river from the Indiana border. My oldest child got me into quite a bit of financial trouble a little while back. However, if it weren’t for a bad credit installment, I might be up to my knees in debt and a ruined credit rating.

Everyone Else at School has One!

Now, I love my kids, but sometimes they can really get the best of you. Michael is a little hell raiser, Anne is still quite good, and Kelly is at that age where her mom is no longer cool, but I still owe everything to her. For instance, I recognize that a 17-year old girl needs a cell phone for safety and social reasons. I was hesitant at first, but I didn’t want her to be the odd one out at school. I thought it would be a nice privilege for Kelly to have a cell phone, but I never thought about what kind of trouble that might get me into. Last year, she and her friends really started to get into text messaging, which was fine by me, as I had bought a plan that allotted her a couple hundred texts for the month.

An Unexpected Bill

One day last spring, I got home and checked the mail and got ready to pay the bills when I saw the amount on the cell phone bill. What was normally about an $80 bill was now $800. I was so flabbergasted I almost fainted. I looked at the bill to see what the problem was, and it turned out that Kelly had racked up nearly 3000 text messages that month! She had also gone on the internet on her phone, which wasn’t in our plan.Needless to say, Kelly and I had a long talk that night, and she got a piece of my mind. Kelly didn’t have a job though, nor the money to pay for the bill, so I had to cover the expenses. I would make sure that in some way or another she worked it off or paid me back sometime.

What do I do till Payday?

Our house had just been painted the previous week, and we didn’t really have the money to cover this expense until the next payday, which was in a week and a half. I asked my husband what to do about it, and he thought that we should take out a bad credit installment. We went online and applied for a loan at http://www.personalmoneystore.com, and within a couple of minutes, we were already accepted. By the end of the day, they had even transferred the money to our account. We paid the bill to avoid any type of late charges. Thanks to a bad credit installment, we were able to get ourselves out of the surprise cell phone bill before our next payday. Kelly was not so lucky on the other hand, and will probably be paying us back until she is 50. Maybe she should follow suit and take out a bad credit installment, too!