Originally Posted by hottoddy

Thank God I left this biz to become a bankruptcy attorney! This along with the upside down real estate market and rising foreclosures has been very good to me.

Seriously, major credit card reform is necessary. We live in an instant gratification society that gives kids working at Starbucks 10K limit credit cards. Miss one payment and your interest goes to 32.9% Insane. It was never like this in the US until 20 years or so ago.