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Rise in credit card delinquencies

Frequent Contributor

Rise in credit card delinquencies

 
This may explain why credit card companies are getting  selective.
 
 
SandyK
Message 1 of 2
1 REPLY 1
Valued Contributor

Re: Rise in credit card delinquencies

This isn't surprising...people in this country have gotten so used to using their homes as ATM machines they don't know what else to do except use plastic. People are addicted to the idea of a magic source of wealth coming from nowhere.

Trouble is, the rest of the economy got hooked on that fiat money too...
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in a credit-scoring postnuclear Stone Age...
Message 2 of 2
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