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Joined: Dec 2013
Posts: 28,416 Likes: 571
a.k.a. Dingle Johnson
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a.k.a. Dingle Johnson
Joined: Dec 2013
Posts: 28,416 Likes: 571 |
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. Yeah. I think that's a pretty reasonable view. I think there are a lot of people that borrow money with no intention of ever paying it back.
"When I say ever thing I mean ever thing." - Frankie
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