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Old 11-24-2012, 02:55 AM
 
Location: West Paris
10,261 posts, read 12,508,457 times
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ScienceDaily (Apr. 19, 2011) — A new study published this month suggests that while younger Americans are more smitten with credit cards and debt than older Americans, the older generation helps enable their children by encouraging use of credit as a "safety mechanism."

How American consumers view debt: A case study
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Old 11-24-2012, 10:27 AM
 
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Credit is borrowing against the future. It typically never ends well, but it really depends on what you are using credit for? For consumption vs future growth initiatives.
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Old 11-24-2012, 11:08 AM
 
Location: West Paris
10,261 posts, read 12,508,457 times
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Quote:
Originally Posted by ucbrian View Post
Credit is borrowing against the future. It typically never ends well, but it really depends on what you are using credit for? For consumption vs future growth initiatives.

Agree.Invest for America.

Not like that


2011 BLACK FRIDAY COMPILATION - Fights, Riots, Crazy Americans - YouTube
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Old 11-24-2012, 08:02 PM
 
48,502 posts, read 96,833,505 times
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Quote:
Originally Posted by french paris View Post
ScienceDaily (Apr. 19, 2011) — A new study published this month suggests that while younger Americans are more smitten with credit cards and debt than older Americans, the older generation helps enable their children by encouraging use of credit as a "safety mechanism."

How American consumers view debt: A case study
Creedit well used is not a bad thng. In fact all sucessful busienss use it to make money i the end. Credit abuse is the problem not credit itself.
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