September 8th, 2009
Credit Cards Are A Curse
I think that the present credit situation has basically been in the making for a long time. It is interesing to see just how many of the so called financial experts are predicting that we will never get back to the situation where we could just get numerous credit cards so easily. I have to say that I think that that is a good thing as there are so many irresponsible people who buy, buy, buy and then pay, pay, pay for a long time after. Some of my friends are paying by means of IVA’s, bankruptcy or even just high interest levels on there mortgages or loans.
