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Credit Card Crisis

Wow! Record debt levels!

Bills.com Warns of Looming Credit Card Crisis

Tuesday, Apr. 1 2008
Bills.com Warns of Looming Credit Card Crisis

SAN MATEO, CA, Apr 01, 2008 (MARKET WIRE via COMTEX) — As the fallout from the credit crunch and subprime mortgage meltdown continues, many analysts are keeping a close eye on potential spillover into other segments of the economy, including the credit card industry. This sector has personal finance experts from Bills.com concerned about a new credit crisis, due to record levels of debt by cardholders….

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  1. Bankruptcy Blog › US Credit Card Debt Vs. World GDP: on Thursday, April 3, 2008 at 1:06 pm

    [...] http://www.bankruptcyaccess.com/?p=4 [...]

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