I would be hard pressed to imagine that the powers that be in our financial world that
this credit card news is a surprise. The credit card companies are sending out apps and unauthorizations for an increase in debt without
the card holders even asking for them. I have a good credit rating but it
is only because I pay my bills, it is not because I have a good financial
outlook. I am on SS so I am sure that I am not the only one that is getting approvals without requesting them. I do believe if we could
try and discourage this behavior that this outrageous debt that we allow people to get into would be a different picture but it is hard to
think that we would do that either.
644th
ranked
Lyla Wickstrum
shared this idea