Credit: Crawling back into the hole where you came from...

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Credit: Crawling back into the hole where you came from...

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2012 Feb 26, 10:51pm 1,690 views 7 comments

by LarryPatrickMaloney ➕follow (0) 💰tip ignore

http://www.myfoxdc.com/dpps/news/credit-card-debt-nears-toxic-levels-dpgonc-km-20120226_18232559

Credit Card Debt Nears Toxic Levels

Updated: Sunday, 26 Feb 2012, 4:19 PM EST
Published : Sunday, 26 Feb 2012, 4:19 PM EST

(New York Post) - More American households are falling back into the debt hole, this time without the safety net of home values to help bail them out, the New York Post reported Sunday.

Last year, total US consumer debt reached its highest point in a decade, according to a credit card industry observer.

Comments 1 - 7 of 7 Search these comments

Norbecker 2012 Feb 26, 11:18pm

Got to maintain the lifestyle. You know the iPad III will be out soon and the SUV is almost 2 years old. What would the neighbor's and coworkers think if we don't upgrade everything? Our kids may not feel special if they do not get the late$t greate$t everything! We paid off a little on the CC so we can charge more. That is the American way.............right????

TPB 2012 Feb 27, 12:03am

Capitol one sent me a card offer last week with 0% until November 1, then 22.9% after that. I used it to light the grill. Where do they keep finding these Idiots to take them up on it?