November 19th, 2008
Will the credit card industry collapse next? Shld they stop giving credit cards to just everyone, and go back?
goddessinglasses asked:
to the way it was in the 1980′s. Applications were really reviewed and credit was hard to get. Are we all pseudo middle class sharecroppers now- working in stagnant jobs to pay off staggering debts for everyday goods (house, cars, college, daycare)? ( Exclude people who are crazy and buy Jimmy Choo shoes when they can’t even pay the rent.)
to the way it was in the 1980′s. Applications were really reviewed and credit was hard to get. Are we all pseudo middle class sharecroppers now- working in stagnant jobs to pay off staggering debts for everyday goods (house, cars, college, daycare)? ( Exclude people who are crazy and buy Jimmy Choo shoes when they can’t even pay the rent.)

