The Credit Crunch Explained in Simple Terms
How consumers see the credit crunch: “I’m screwed.” How creditors and banks see the credit crunch: “We’re screwed.”
How consumers see the credit crunch: “I’m screwed.” How creditors and banks see the credit crunch: “We’re screwed.”
I just read an amazing article that everyone should read about the future and present of credit cards. If you have an interest in consumer debt issues you need to read “Credit Cards Are the Next Credit Crunch” While it is all brilliant, I think the following section is the most important. There are several …
At ByDesign Financial Solutions, a debt-counseling service in Modesto, Calif., they’re working overtime these days. “Our call volume went up 97% in the past five weeks, which has left us scrambling,” says Martha Lucey, president of the nonprofit agency. “[The callers] are close to the max on their credit cards, and they just can’t figure …