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Nickelless
Administrator
USA
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 05/06/2009 : 18:29:02
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| I hate credit cards but the more squeeze the C.C. companies put on Joe Public the deeper they dig thier own graves. |
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Think positive. |
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Nickelless
Administrator
USA
5580 Posts |
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 05/06/2009 : 18:46:42
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Many people who are floating C.C. debt are just making it now. Recently they doubled the mimium payment and that caused a lot of people to default. Up the interest rates and even more will default. You get a mass of defaults and not even the courts will be able to keep up with it...... Then all the payments to the banks will end. Then we will see if the Fed gets involved.  |
Realcent.forumco.com disclosure. Please read.
All posts either by the members, moderators, and the administration of http://realcent.forumco.com are for your edification and amusement only. It is not the intent of realcent.forumco.com or its host to provide investment, medical, matrimonial, legal, security or tax advice and nothing posted here should be considered to be so. All rights reserved.
Think positive. |
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Fed: Credit card holders not our problem
Forum Locked
Posted - 05/06/2009 : 12:19:48
