Are home loans and credit cards setting you up for failure as citizens of america?

and here we just wanted to survive on planet earth with shelter and food.......like they say there are no guarantees.........be happy that you are sucking some kind of air

Are home loans and credit cards setting you up for failure as citizens of america?

Nope. ive got perfect credit, i use my credit card for everything and pay it off every month, ive got great rates on all of my loans. If you use things the right way, they are perfectly fine, its only when people dont know how to use them, or abuse them, that they screw people over....but, most of the time, its the persons own fault %26lt;Most of the time, not saying the companies dont have some pretty shady practices, you just have to learn what they are, and avoid them%26gt;

Are home loans and credit cards setting you up for failure as citizens of america?

No, not me personally because I know how to read the fine print in any offer.

However, if you are talking about the majority of the population, then yes, the lenders are setting them up to become permanent debtors.

This has been going on for thousands of years. The Bible says %26quot;the borrwer becomes the lender%26#039;s slave%26quot;. It is as true now as when that was written.