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Reply #7: I suspect a lot of people are less concerned about the morality of paying back credit card debt. [View All]

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woo me with science Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-01-10 06:07 PM
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7. I suspect a lot of people are less concerned about the morality of paying back credit card debt.
Edited on Wed Dec-01-10 06:09 PM by woo me with science
than they used to be.

Even good, moral people who consider debts to be serious ethical obligations.

So many people have paid back the amount that they originally borrowed many times over because of the never-ending cycle of fees and interest charges.

After years of doing that, the moral obligation to get the balance to zero just doesn't feel as strong.
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