Credit: Crawling back into the hole where you came from...
invite response
2012 Feb 26, 10:51pm 1,689 views 7 comments
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?
bubblesitter
2012 Feb 27, 12:22am
Get crunched by the shrinking paycheck,where else would they go?
bubblesitter
2012 Feb 27, 12:25am
We are all so screwed!
No. Get another card to pay off another one. Smart American way.
freak80
2012 Feb 27, 1:33am
Some people have made it a business (more difficult nowadays).
Smart, if you can pull it off. Not without it's risks. Then again, no business is w/o risk.
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.
Read more: http://www.myfoxdc.com/dpps/news/credit-card-debt-nears-toxic-levels-dpgonc-km-20120226_18232559#ixzz1natdmHeV