Home
What's new
Latest activity
Authors
Store
Latest reviews
Search products
Forums
New posts
Search forums
What's new
New posts
New listings
New products
New profile posts
Latest activity
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
Cart
Cart
Loading…
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Search titles only
By:
Menu
Log in
Register
Navigation
Install the app
Install
More options
Change style
Contact us
Close Menu
Forums
SVTPerformance's Chain of Restaurants
Road Side Pub
Future of Racing? EV Content
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="CobraBob" data-source="post: 16369803" data-attributes="member: 6727"><p>Higher household debt doesn't surprise me. Credit interest rates are low, while the consumer has an increased demand for higher cost vehicles, higher cost housing, etc. So many people I personally know pretty much never carry cash. Just plastic. Unfortunately, it's then too easy to surpass your monthly budget and then not pay off entirely the credit charges made in that month. Carrying it forward while seeing the debt increase. That's not even taking into consideration those who buy expensive vehicles with a small down payment and a high monthly loan/lease payment. I get offers in the mail routinely offering zero down and no payments for 2, 3, even 5 years on furniture. So yes, not surprising higher household debt today.</p></blockquote><p></p>
[QUOTE="CobraBob, post: 16369803, member: 6727"] Higher household debt doesn't surprise me. Credit interest rates are low, while the consumer has an increased demand for higher cost vehicles, higher cost housing, etc. So many people I personally know pretty much never carry cash. Just plastic. Unfortunately, it's then too easy to surpass your monthly budget and then not pay off entirely the credit charges made in that month. Carrying it forward while seeing the debt increase. That's not even taking into consideration those who buy expensive vehicles with a small down payment and a high monthly loan/lease payment. I get offers in the mail routinely offering zero down and no payments for 2, 3, even 5 years on furniture. So yes, not surprising higher household debt today. [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
SVTPerformance's Chain of Restaurants
Road Side Pub
Future of Racing? EV Content
Top