Credit Crisis is not a buzzterm, it’s a reality.
It all seemed so easy. 6 months no pay on the washer/dryer…charge it! New Plasma? Charge it. Bigger house, defer and amortize it. Money has never been so easy to borrow and as a result, it was.
Yet with expolding economy, many people who were extended one month suddenly had that negative made up in terms of net [...]