http://www.mytwodollars.com/2007/10/11/is-credit-card-debt-ready-to-explode/ A place to discuss money...for the rest of us. Tue, 22 May 2012 00:24:51 +0000 hourly 1 http://wordpress.org/?v=3.3.2 http://www.mytwodollars.com/2007/10/11/is-credit-card-debt-ready-to-explode/#comment-26832 What Is The Strategic Petroleum Reserve (SPR)? « Vanessaterreto’s Weblog Tue, 03 Jun 2008 03:59:00 +0000 http://www.mytwodollars.com/2007/10/11/is-credit-card-debt-ready-to-explode/#comment-26832 [...] Is Credit Card Debt Ready To Explode? [...] [...] Is Credit Card Debt Ready To Explode? [...]

]]> http://www.mytwodollars.com/2007/10/11/is-credit-card-debt-ready-to-explode/#comment-22564 Bo Fri, 12 Oct 2007 05:25:32 +0000 http://www.mytwodollars.com/2007/10/11/is-credit-card-debt-ready-to-explode/#comment-22564 To be honest, I am not quite sure how the CC industry hasn't reached that point already. To be honest, I am not quite sure how the CC industry hasn’t reached that point already.

]]> http://www.mytwodollars.com/2007/10/11/is-credit-card-debt-ready-to-explode/#comment-22554 MoneyNing Thu, 11 Oct 2007 22:08:37 +0000 http://www.mytwodollars.com/2007/10/11/is-credit-card-debt-ready-to-explode/#comment-22554 I'm sure one day it will be a major problem but hopefully it's not as early as 2009! I’m sure one day it will be a major problem but hopefully it’s not as early as 2009!

]]> http://www.mytwodollars.com/2007/10/11/is-credit-card-debt-ready-to-explode/#comment-22540 Hayli Morrison Thu, 11 Oct 2007 18:28:04 +0000 http://www.mytwodollars.com/2007/10/11/is-credit-card-debt-ready-to-explode/#comment-22540 I just vented about this recently on my Banks.com cc blog. All the lender are bloodsuckers. Ugh, this is frustrating. Will they never learn? I think I'm going to link to this post on my blog today because the topic deserves a follow-up for sure. I just vented about this recently on my Banks.com cc blog. All the lender are bloodsuckers. Ugh, this is frustrating. Will they never learn? I think I’m going to link to this post on my blog today because the topic deserves a follow-up for sure.

]]> http://www.mytwodollars.com/2007/10/11/is-credit-card-debt-ready-to-explode/#comment-22539 Patrick Thu, 11 Oct 2007 17:51:10 +0000 http://www.mytwodollars.com/2007/10/11/is-credit-card-debt-ready-to-explode/#comment-22539 Hmmm... The greed never ends, does it? It is a never ending cycle - if the credit companies tightened up their loan requirements, there would be fewer default payments, but also much less profit. In the end they decide to raise the interest rates and fees they charge and write off the deadbeats as a loss (and probably deduct that from their profits.) Hmmm… The greed never ends, does it? It is a never ending cycle – if the credit companies tightened up their loan requirements, there would be fewer default payments, but also much less profit. In the end they decide to raise the interest rates and fees they charge and write off the deadbeats as a loss (and probably deduct that from their profits.)

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