Following credit card reform and other debt news.

High Income Households Join Credit Party Too


Jun 30th, 2008 | By Rob | Category: credit card debt

“We had a credit party …”

A report from CNBC indicates that 15 million Americans are either receiving phone calls from creditors are are considering filing for bankruptcy.  And, according to the article, it’s not only the low income that are at the credit party.  Even high income households can get in trouble with credit card debt if they don’t manage their spending.

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