The Forum > General Discussion > We owe 45 Billion on our Credit Cards?
We owe 45 Billion on our Credit Cards?
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Yes I'm sure. The fact that Fiat is a large Italian manufacturer that makes a lot of cars doesn't alter the fact that fiat money is the type of money most widely used today.
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Belly,
It's unlikely the banks will tighten credit to existing customers any time soon, but don't be surprised if they're lending less to new customers.
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ALTRAV,
AIUI yes, those scenarios arrested common practice. The way they do things here, there's less risk to the banks...