Quote:
Originally Posted by longbow 
The days of easy credit will come crashing down very soon....He also explained to me, many overseas investors purchase "lots" of credit debt as a means of higher yield investments. |
That seems to be the general consensus.
I turned my card balances over to a mediator after the rates
went way up for no reason. They locked in the rates at around 9%.
The companies that I had the cards with changed hands several times
and took my low interest rates up into the +20% range.
I now have no cards and will never have another.