BMW/LEXUS selling too fast ?

[Ricechex]

[quote=carlsbadworker]Here is the stats:

http://www.stopbuyingcrap.com/credit-related/latest-gallup-poll-shows-43-of-americans-pays-credit-in-full/
[/quote]

Wow, 43% pay in full each month! Interesting study, but it is just a poll. I know of quite a few people that have $20-50K in unsecured debt. And their rates keep getting raised, despite that they are paying each month. Both are talking about bankruptcy due to the increased interest rates and fees.

[Ricechex]

[quote=carlsbadworker]Here is the stats:

http://www.stopbuyingcrap.com/credit-related/latest-gallup-poll-shows-43-of-americans-pays-credit-in-full/
[/quote]

Wow, 43% pay in full each month! Interesting study, but it is just a poll. I know of quite a few people that have $20-50K in unsecured debt. And their rates keep getting raised, despite that they are paying each month. Both are talking about bankruptcy due to the increased interest rates and fees.

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