Credit card defaults on rise

http://www.msnbc.msn.com/id/20464621/

I’m seeing people who borrow from the credit cards to make their mortgage payments.

At some point, that strategy will stop working.

The result contributes to the defaults of credit card debt.

Share and Enjoy:These icons link to social bookmarking sites where readers can share and discover new web pages.
  • blogmarks
  • co.mments
  • del.icio.us
  • digg
  • feedmelinks
  • Furl
  • Ma.gnolia
  • NewsVine
  • Reddit
  • TailRank
  • YahooMyWeb