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all loans,credit should come at 18% interest thats how you teach students
and adults
I have a golden AMEX to book flights and rent cars,besides that I have a
prepaid Mastercard, I charge it every month with 200 Fr. and when I go on
my Canada trip I spend the saved amount. – If the government and the
parents can’t handle money how should the childern
There is no interest earned in saving
I am not about to feel bad for anyone who thinks they can spend money they
don’t have. I am capitalist America’s worst nightmare: I know the
difference between need and want.
Check out “Americans Against High Tution Costs” on Facebook and join the
cause!
Corporate Feudalism
Debt is an illusion. Read “Modern Money Mechanics” by the Federal Reserve
Bank of Chicago to learn the truth about so-called loans. Our signatures
are the only value. Banks lend nothing. Banks risk nothing. The loan
application/promissory note/negotiable instrument is an asset that is
supposed to be deposited just like a check and then a receipt given to us.
Don’t take my word for it, that would be hearsay.
MY MIND sees a huge secret plot by BIG BROTHER to ENSLAVE its people even
deeper and forever….
This began in the 80s when real wages began to stagnate. During that
decade, household debt increases 111% because it was during this time that
easy credit became available. Before then, banks and dept stores would not
issue you a cc unless you first had worked for a few years and unless you
had rich parents, it was virtually impossible for students to get a cc. All
this was not coincidence; it was planned by our govt and the banks.
Ameelia Martin wow what a pretty thing
Capitalism at its finest!!
What’s wrong with America. We see the problem and yet we fall for it. I
pray that God help us!!!
All of this time I thought that I was left out because I could never get a
credit card, but now it looks like I was saved by some invisible force.
Currently I only have debit cards and I intent to keep it this way. Good
luck to everyone else
Seems like using a credit card is real fun, the only pain is while paying
the bill.
Poor americans….
I hate credit cards!!! I dont need one!!! I rather save money before
buying!
This is very scarey! I am so glad that my grandmother instilled in us from
an early age the importance of saving. My father is very reckless with
money but my sister and I have never had credit card debt and have been
able to live financially stress free lives. I strongly believe that
financial education should be part of the school syllabus. It should be an
absolute basic!!