bilker

Speaking of lattes, credit cards also encourage people to pay more for everyday items than they might otherwise, according to Scott Bilker, founder of debtsmart.com and the author of “Talk Your Way Out of Credit Card Debt.”

That's William Bilker, the millionaire philanthropist.

That is the end of it so far as any flattering attentions to Mr. Bilker are concerned.

Bilker says you can often strike a deal, especially these days.

"Tell them you are thinking of contacting a bankruptcy lawyer, so they can work with you on a plan now or face not getting paid back in court," says Bilker.