Peter Schiff on the Housing Market and the Rescue Plan [View article]
When we were very young we got in trouble with "too much debt", and through our hard work and dedication 15 years later we are without debt and looking at buying a house outright. We learned our lesson about credit and how they can ruin your life. If I can't pay for an item I don't want it. When people get thrown out of their houses and have to pay back all of their credit card debt, student loans, car loans, while flat on their back they will swear off the "evil" of credit. That will get the bank's attention!
-
When we were very young we got in trouble with "too much debt", and through our hard work and dedication 15 years later we are without debt and looking at buying a house outright. We learned our lesson about credit and how they can ruin your life. If I can't pay for an item I don't want it. When people get thrown out of their houses and have to pay back all of their credit card debt, student loans, car loans, while flat on their back they will swear off the "evil" of credit. That will get the bank's attention!
Dec 20 19:48 pm
|Rating:
0
0
All Comments by Jan »Peter Schiff on the Housing Market and the Rescue Plan [View article]