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Old 10-29-2009, 04:16 AM   #36
2+2
 
Drives: 09 3Dr Manual
Join Date: Jul 2009
Location: Michigan
Posts: 210
I'm sure there are many, many cases of people living beyond their means and running up a hefty credit card bill.

A lot of time though it's just people buying necessities during tough times like maybe a layoff. If they don't get called back to work and have to accept a crap job the credit card debt doesn't just go away. Why do corps get to skate on debt though bankruptcy and individuals usually can't? Corps have 1st amendment rights just like individuals why don't they have obligations like individuals?
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