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RE: US Household Debt Now Exceeds Pre-2008 Credit Bubble/Market Crash Levels. By Gregory Mannarino

in #money7 years ago

She actually got a loan check in the mail monday, it was for $3000.00 and all she had to do was cash it. No income verification, no credit verification. Nothing at all just cash it. It was the craziest thing i had everyseen. I was proud though, i watched her shred it.

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Thats really sick and indeed causing a lot of problems these days.
With all those examples on tv and social media.
And my opinion they should teach kids at a young age in the schools a bit about economy and what debts can do.
Same as teaching them basic first aid.