Comments on: Financial Dispatch: Americans’ credit card debt at record high http://ac360.blogs.cnn.com/2009/07/07/financial-dispatch-americans%e2%80%99-credit-card-debt-at-record-high/ Tue, 22 Dec 2009 04:00:12 +0000 http://wordpress.com/ hourly 1 By: Annie Kate http://ac360.blogs.cnn.com/2009/07/07/financial-dispatch-americans%e2%80%99-credit-card-debt-at-record-high/comment-page-1/#comment-790241 Annie Kate Tue, 07 Jul 2009 22:19:28 +0000 http://ac360.blogs.cnn.com/?p=45167#comment-790241 Credit cards are terrible - so easy to get mired in more debt than you could ever imagine quicker than you ever thought possible. And now the interest rates are high and going higher. I thought some of the rates I'm seeing (in excess of 25%) were termed usury but I guess in these days everything goes as far as interest is concerned. Credit cards are terrible – so easy to get mired in more debt than you could ever imagine quicker than you ever thought possible. And now the interest rates are high and going higher. I thought some of the rates I'm seeing (in excess of 25%) were termed usury but I guess in these days everything goes as far as interest is concerned.

]]> By: Sabrina in Las Vegas http://ac360.blogs.cnn.com/2009/07/07/financial-dispatch-americans%e2%80%99-credit-card-debt-at-record-high/comment-page-1/#comment-789593 Sabrina in Las Vegas Tue, 07 Jul 2009 18:08:27 +0000 http://ac360.blogs.cnn.com/?p=45167#comment-789593 This is not a shock. I was watching Money and Main street on Saturday and Ali mentioned that people are putting neccecities on the cards and now no job means more plastic money to make it and more debt not getting paid. This is not a shock.

I was watching Money and Main street on Saturday and Ali mentioned that people are putting neccecities on the cards and now no job means more plastic money to make it and more debt not getting paid.

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