RatWatcher

Credit Card Crunch: Creating a New Generation of Subprime

'My wife has been sick for over five years and our insurance doesn't cover everything. As one small example, her medication costs me over one thousand dollars a month. I'm retired and my retirement fund has been cut in half. Now tell me, where am I to get the money every month?'

Are you planning to pay this back? Respectfully of your situation, this sounds like you are planning to default. That is not borrowing. It's stealing.