[Abathar]

>I<"you are correct, but no one twisted their arms and forced them to borrow the money. all the info was there and they ignored it">/I<>p<

The problem I see is that we have never had this before, so the people who never had the self control NOT to borrow the money were never given the chance. A lot of people should never get a credit card and end up going bankrupt because of it. The fact is a lot of young people don't have the self control to have these things around and not use them. For a lot of young people the need / want problem is the real problem, they feel that if they want something that they NEED it too.

[camle]

baloney. we've always had this trouble. there have always been those quick to lend at high rates, and those gullible enough to borrow from them.