Quote:
Originally Posted by Caligari
What i'm getting at here is the average consumer who does not pay off their credit cards monthly, if his interest rate goes from 12 to 16 to 18 in a year, this will constrict his spending habits. I am talking about a huge general trend.
Or I am being overly pessimistic?
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welcome to reality, where most people in the world don't live on credit, it's expensive.