Originally Posted by Irishguy
Originally Posted by wew3006
Maybe we should cap balances carried forward by people that have no assets to collateralize it?

I agree in principal, but...

Wouldn't you have to cap the total debt someone could have? Otherwise they would just go get a different card.

The CC abusers all go get a different card when one of their other cards limit out anyway. They brag about doing it online. I'm for a 10% cap anti-usury law, at the same time I am against CC companies handing out cards to every chump and sucker that comes along.


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