Stockman Scott's Political Debate Porch Message Board

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Politics : Stockman Scott's Political Debate Porch

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To: Jim Willie CB who wrote (40259)	3/23/2004 11:24:00 AM
From: TigerPaw	Read Replies (1) of 89467

The percentage of credit card payments that were past due shot up to a record in the final quarter of last year, but delinquency rates for some other types of consumer loans dropped, painting a mixed picture of how Americans are handling their debt usatoday.com A rate hike could tip a rash of bankrupcy. Those who can stay away from debt will pick up all the assets of the debtors. After that there may be a return to the Hoovervilles for those who no longer have assets or jobs. TP

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