Emerson

Credit Card Crunch: Creating a New Generation of Subprime

You, like many people writing today, take an insolent approach to those who use credit. 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? How dare you compare that to a "sacred flat screen TV." And I'm sure I'm not alone. There are probably millions of Americans, from single parents to the elderly, struggling to make ends meet who need credit to just make it through the day.