alocispepraluger102 Posted January 15, 2013 Report Posted January 15, 2013 http://www.dispatch.com/content/stories/local/2013/01/15/younger-americans-might-die-with-debt.html "“If what we found continues to hold true, we may have more elderly people with substantial financial problems in the future,” said Lucia Dunn, an OSU professor of economics. “Our projections are that the typical credit-card holder among younger Americans who keeps a balance will die still in debt to credit-card companies.”" Quote
Brad Posted January 15, 2013 Report Posted January 15, 2013 As far as I know, the debt isn't passed onto your heirs, unlike times passed. It's all typical of the live now, pay later mentality. Quote
PHILLYQ Posted January 16, 2013 Report Posted January 16, 2013 IIRC, a lot of bankruptcies are not caused by profligate spending but by medical bills Quote
BeBop Posted January 16, 2013 Report Posted January 16, 2013 (Shut up, BeBop. Stifle youself, as Archie Bunker would have said.) Quote
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