Vote: Will Americans record credit-card debt be the next subprime like meltdown?

October 31, 2007

Posted by Tomullii

( 1 rating )

Credit card debit has been a thorn in my side for years. My family recently had a new member join us, a young boy. A wake up call that has helped my wife and I get our families financial affairs in order.

I'll be making sure to teach my son everyone possible to avoid financial problems. I'm doing what I can now to start saving to pay for his college education later. We have been attending seminars and meeting with financial planners to layout out what needs to happen. I can only hope that my child and anyone else in your world doesn't have to deal with creditors.

my vote.. yes

Why doesn't the government regulate the cc industry before its to late? I for one would really like to see this country avoid spinning into a recession.

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October 31, 2007

Posted by LifesaPretzel

( 2 ratings )

YES Credit cards are out of control in this country. It saddens me to learn about my friends and family who have been sucked in my credit cards. They life there life everyday worrying about debt and do nothing proactive about their situation. Credit cards ruin lives.

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October 31, 2007

Posted by dNavigator

( 0 ratings )

Yes, Yes and Yes. I would not own shares of Citigroup, American Express, and Bank of America.

Tick Tock.....

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