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CEPR - Credit Card Debt Soars as House Prices Plunge

9 votes

Submitted by webomatica 6 months ago

CEPR promotes democratic debate on the most important economic and social issues that affect people's lives.

  1. It is most likely only going to get worse in 2008 for both Credit Card Companies and loan companies. I personally feel that they are finally reaping what they have sowed (raise the minimum payment, went crazy with hidden fees, etc.). Let them all drop like dead flies, the economy will correct itself.

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