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Debtors to Be Squeezed Like Ripe Apples in 2008

By steverhode 284 days ago from http://creditdebtlife.com

It is again that time of the year when everyone seems to look forward into the crystal ball and make predictions abut what the new year will bring. Not to be left out, here is what I see in the crystal globe to come for consumers and their debt.

Sadly the outlook is not rosy at all. Following the August fundamental shifts in the underlying credit markets the trickle down impact of the credit crunch will continue to be negatively felt in 2008.

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Tags: debt credit card credit card company bank loans lender consumer


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