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Browse: Home / MONEY / Credit

Should the government force companies to “forgive” all credit cards debts and start all over?

WuzUp?: Should the government force companies to “forgive” all credit cards debts and start all over?
“Poll finds debt-dogged Americans stressed out”. I notice that most the advertisement on Limbaugh, Hannity, Levin and Ingraham’s readio shows are by kind folks that show you how screw credit cards companies by defaulting on your debt obligation. If Rush, Sean, Mark and Laura endorse this way of getting out of debt, it must be a good idea.

Answers and Views:

Answer by Special Agent GreaseBall
No. It’s not that simple.

The people need not rely on the government to get them out of trouble everytime they screw up.

Answer by Michael
So interest rates can skyrocket for other HONEST consumers?

Do us a favor and don’t post while you’re smoking dope, okay?

Related Questions:

  • 1.  Obama 2 hrs ago…QUOTE: “We have to get in order now b/c CONGRESS maxed out our credit card”…Really?
  • 2.  a credit card for someone with no credit?
  • 3.  Need help determining if I qualify for homebuyer’s credit?
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