Quote:
Originally Posted by italkcash
I doubt this will happen. Credit card bailouts are not going to happen
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Although it sounds like an answer to a whole bunch of folks prayers, I tend to agree that it's just not going to happen. There would be way too much to lose for the card companies and the banks behind them. I think, however, that most delinquent credit card debt can be negotiated for a win/win situation. Ideally, if you can't afford something...don't put it on credit, ya know? Tough to do though.