Quote:
Originally Posted by panther
its always been the same, the poor pay more, and end up in more debt, because they couldnt afford to buy with cash in the first place! 
I looked in there the other day, and walked away, the APR is way too high |
This brings up an interesting question. Are the poor poor due to getting into debt?
In the US, I believe that many folks are "poor" due to lack of financial education, lack of common sense, poor (meaning not good) role models, and the pure inability to adhere to delayed gratification.
Brian