remember when before maggie came to power, we had the winter of discontent
all of this just boils down to easy credit (i too enjoyed easy credit), you couldnt open a magazine without a ton of bits of paper peddling taking out a loan (i too got a loan that way), you couldn't get one foot in the door of a basnk without someone saying you were pre-approved for a loan etc, and people took up these offers, cheap electrical products fuelled it, everyone wanting the latest gadget etc, and the incandescent need ot buy a house cuz next year "we" might not be able to afford a house
Greed it only good, if you can back it up with money you have, not credit, a fool and his money are soon departed, i had a loan credit card, and over draft, and mazed out them, but never missed a payment, i acknowledge my weakness, and have now paid it all off, i also worked in a credit card collection call centre, and was appalled by joe public's ignorance, you reap what you sow, i dont pitty any fool who over spent!
all of this just boils down to easy credit (i too enjoyed easy credit), you couldnt open a magazine without a ton of bits of paper peddling taking out a loan (i too got a loan that way), you couldn't get one foot in the door of a basnk without someone saying you were pre-approved for a loan etc, and people took up these offers, cheap electrical products fuelled it, everyone wanting the latest gadget etc, and the incandescent need ot buy a house cuz next year "we" might not be able to afford a house
Greed it only good, if you can back it up with money you have, not credit, a fool and his money are soon departed, i had a loan credit card, and over draft, and mazed out them, but never missed a payment, i acknowledge my weakness, and have now paid it all off, i also worked in a credit card collection call centre, and was appalled by joe public's ignorance, you reap what you sow, i dont pitty any fool who over spent!