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Reply #9: not necessarily [View All]

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hfojvt Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-02-05 03:58 AM
Response to Reply #4
9. not necessarily
I think lots of people pay their bills and whatever money is left over, they go shopping with - lots of times buying things they do not need.
Of course I am thinking of people who are paying with cash. The principle might be the same with people who are maxed out on their credit cards.
I hold the consumers who make foolish choices at least as culpable as the CCC that take advantage of their foolish choices. Many get into these crunches due to a job loss, accident, divorce, or other catastrophe. Then the house that was once affordable becomes far less so. Still a little more prudence and saving would have kept their head from going in the CCC noose.
But like you said, that would not help the economy.
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  -How did this get by me? Credit Card Payments to Rise Birthmark  May-02-05 02:19 AM   #0 
  - The timing  vicman   May-02-05 02:23 AM   #1 
  - rat bastards is correct  Skittles   May-02-05 02:25 AM   #2 
  - I like to think of things long term  hfojvt   May-02-05 02:46 AM   #3 
  - The best of long term intentions  Birthmark   May-02-05 03:19 AM   #6 
  - maybe  hfojvt   May-02-05 03:33 AM   #7 
  - In a perfect world, that would work fine  mikehiggins   May-02-05 07:33 AM   #16 
  - People who can afford to pay off their balances...  punpirate   May-02-05 02:56 AM   #4 
  - That's pretty much the way I see it, too, Pirate.  Birthmark   May-02-05 03:17 AM   #5 
  - Well, demand for credit will continue to rise...  punpirate   May-02-05 03:38 AM   #8 
  - not necessarily  hfojvt   May-02-05 03:58 AM   #9 
     - You aren't paying attention to the bulk of studies...  punpirate   May-02-05 04:31 AM   #10 
  - human coin-swallowing-machines = george w bush  flordehinojos   May-02-05 05:49 AM   #11 
  - human coin-swallowing machine  lwfern   May-02-05 06:12 AM   #12 
     - this is what you call synchronicity, i think.  flordehinojos   May-02-05 12:38 PM   #26 
  - And what's worse is...  all_hail_gwb   May-02-05 06:48 AM   #13 
  - "Regulators are concerned that cardholders...won't ever pay  lulu in NC   May-02-05 07:08 AM   #14 
  - They are so "concerned"  SOS   May-02-05 08:45 AM   #23 
  - More families destroyed  mikehiggins   May-02-05 07:31 AM   #15 
  - I Love How They Needed a Calculator  GiovanniC   May-02-05 07:33 AM   #17 
  - "All your money are belong to us." - Republican Credit Card Corps  SpiralHawk   May-02-05 07:50 AM   #18 
  - Glad I don't have credit cards...  Dob Bole   May-02-05 07:50 AM   #19 
  - What's Left In Your Wallet?  KharmaTrain   May-02-05 07:51 AM   #20 
  - It'll burst, sooner, rather than later  kgfnally   May-02-05 09:00 AM   #24 
     - Been There, Said That  KharmaTrain   May-02-05 09:14 AM   #25 
  - What a sick manipulating society we live in!  0007   May-02-05 08:05 AM   #21 
  - MBNA is actually raising their minimums because they need MORE...  Media_Lies_Daily   May-02-05 08:27 AM   #22 
 

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