Nobody owes you credit...a credit card......a loan..a living. Pay your debts and live like you may lose your job and have to take a pay cut. Credit is a tool, grease for the wheels...it helps to ease timing of cash flow etc... Maybe we give people too much credit for being adults.
Come on heartless? It's easy to to hate a Monolithic faceless industry like the credit card industry.....What if it was you who had to suck it up and absorb that loss....well in the end we all do. Higher interest rates, higher prices, more onerous terms from companies who want to insure against a loss.
The rich are rich not because they go around screwing people out of their money rather they are rich because of what they do with the money they have. Honest and deserving debtors can still work something out. A 5 year plan..sounds fair. Honoring their promise to pay..right on.
A person has no business running up debts they can't repay. Yes it's painful paying it all back, I've had to do it. The habits I developed doing it have carried over to today and now somehow I don't feel like a victim of the credit industry.
__________________
"Iron rusts with disuse, stagnant water loses its purity and in cold water freezes. Even so does inaction sap the vigor of the mind"
Leonardo Da Vinci
|