I have a friend who in their 70's pilled up 35000.00 onto their credit cards and now will not pay banksters.
I wonder how many seniors are doing the same to get even. get ready for financial crisis TWO! ho, they may stop the presses for a spell or two, but they will start them again in the not to distant future. JMO. Buy on any dip.
not sure what you are saying....are they without money and scammed the "banksters" , or did they decide accumulating 15-20 % interest on their balance due until they die and the estate can pay is somehow a great idea.
How is either "getting even". Or maybe there is logicI didn't think of ?
Personally, I saw greed everywhere leading to the financial crisis. People buying homes who couldn't afford it, kids in the 20's buying cars, homes....all wanting to cash in on the free ride to wealth by appreciation.