Wednesday, January 28, 2009

Credit Cards & Credit Crunch

With the economy in a downward spiral, more and more people are taking advantage of credit card offers to make ends meet, but are the credit card companies actually taking advantage of their customers?

Part 1

Part 2

Part 3


G Money said...

I read this article today...
I think this comment from an 80+ year old man sums it all up on the up coming Greater Depression!

"The difference between the Depression and today is now how much people owe. Instead of owing $15 they owe $15,000; and, because they owe so much more, this time the fall is going to be greater."


Anonymous said...

These people are stressing out over debts in the $15,000 and $30,000 territory and it is devastating. Imagine having debts of $500,000 , and you will feel some real stress.