Posted on 01/09/2006 2:32:02 PM PST by Toddsterpatriot
I had a similar experience. I got off easy, I was able to free myself from the hostage suituation by buying an Ipod Nano. Listening to the Rush podcasts is helping me recover from the trauma.
Well, I'd say that ffrom a consumer side, that's a good thing. Of course, the lenders would see it as bad, but now they have to work harder by lowering their rates or making them more attractive in some other fashion. That also benefits consumers. And don't we keep seeing "doom and gloom" articles in the press how consumer debt is a crisis in America?
At loan-shark rates, sure there is plenty of credit to go around. The amount of money they can make per sucker gives every incentive to saturate US mail with the mailings. It's not the credit that is lacking but the ability to borrow. Many will only leverage themselves so far even if credit is available.
People aren't "VICTIMS" of anyone, but themselves.
And why have YOU come up with yet another FALSE victim category? Perhaps you are on the wrong forum, since your postings are anything but Conservative.
LOL !
Do it for the children.
You got that right. Nobody is going to give you that third mortgage.
For those heating with natural gas, the bill just arrived. While it has been mild the last couple of weeks, it was downright cold between Thanksgiving and Christmas. From speaking with my Dad in MO and friends here in CO, I suspect the typical utility bill is running upwards of $75 to $100 more than last year. With all the gloom and doom we heard about heating cost people probably pulled back somewhat. Now that have the data right in their hands.
Also add the change in credit minimum payment to the list.
Don't know what to say, haven't got Schumer's talking points email today.
Exactly!!!
Figures....LOL
Yet, the average American household still maintains 57% equity in their home while home ownership has climbed to an all time high of about 70%. Homeowner equity accounts for just 21% of our total household net worth. The average American family has a lot of assets other than their home.
You guys want to believe that the average American is drowning in debt and that American's just don't save anymore. Unfortunately, you cannot offer any data, from a reputable source, to back you up.
LOL...the doom&gloomers are so brainwashed, they can't see the forest for the trees and in their world, there aren't even any trees.
I think all they see when they open their eyes is bark.
I think that you are correct...as usual. :-)
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