Comments on: Do you think unsecured credit card debt is bad for the economy? http://1mortgagecalculator.info/do-you-think-unsecured-credit-card-debt-is-bad-for-the-economy/ Find out your monthly mortgage payment using this free updated mortgage calculator. Get amoritization tables, bi-weekly savings, refinance info and tips to save money on your home loan. Wed, 14 Sep 2011 21:17:02 +0000 hourly 1 http://wordpress.org/?v=3.2 By: R T http://1mortgagecalculator.info/do-you-think-unsecured-credit-card-debt-is-bad-for-the-economy/comment-page-1/#comment-867 R T Thu, 14 Aug 2008 10:01:26 +0000 http://1mortgagecalculator.info/do-you-think-unsecured-credit-card-debt-is-bad-for-the-economy/#comment-867 The vast majority of credit out there is unsecured. The problem isn't unsecured debt, it's the lender's giving loans and cards to people who shouldn't have been approved. Once the approval standards were dropped, that's when the trouble started. The vast majority of credit out there is unsecured. The problem isn’t unsecured debt, it’s the lender’s giving loans and cards to people who shouldn’t have been approved. Once the approval standards were dropped, that’s when the trouble started.

]]> By: DebtSux http://1mortgagecalculator.info/do-you-think-unsecured-credit-card-debt-is-bad-for-the-economy/comment-page-1/#comment-866 DebtSux Tue, 12 Aug 2008 07:47:07 +0000 http://1mortgagecalculator.info/do-you-think-unsecured-credit-card-debt-is-bad-for-the-economy/#comment-866 I had 20K that was discharged 5 years ago, but I learned my lesson. many people don't. I don't ever want to be in debt and in that position ever again in my life. I agree that loans should be harder to get, and it may very well come to that point. Banks will be more careful in the future I'm guessing about who they give money to and how much. Debt is a BAD idea. I had 20K that was discharged 5 years ago, but I learned my lesson. many people don’t.

I don’t ever want to be in debt and in that position ever again in my life.

I agree that loans should be harder to get, and it may very well come to that point. Banks will be more careful in the future I’m guessing about who they give money to and how much.

Debt is a BAD idea.

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