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To: bcrafty who wrote (34876)3/22/2002 11:08:57 AM
From: AllansAlias  Read Replies (4) | Respond to of 209892
 
Holy moly.

Consumer debt is well beyond the "heating up" stage. It's gone into outright fission mode. -g Still, the sellers of debt are eager and the consumer is unworried, so it can rise some more I am sure.

I am still waiting for CC fees to drop substantially. This is the sort of thing I expected when the defaults and late payments began to rise. Remember, everything necessary will be done to keep the credit bubble going.