US Credit Card Issuers Settle for Reduced Balances
In an article titled "Credit Bailout: Issuers Slashing Card Balances", David Streitfeld writes for the New York Times about how some credit card issuers are "settling delinquent accounts for substantially less than the amount owed."
Why not me. This bailout is for the poor, the deliquent the abusers. Those that respect their responsibilites in the end will pay the taxes, fees ... to bail everyone else out. Is that fair?
Posted by: Philip Andreae | June 16, 2009 at 11:18 AM