Q: Hi, are you guys also suffering like I am with this new Credit Act that we have? In the end the government will have everybody's posessions, because nobody will be able to pay back all their creditors.
A: I like the IDEA of the credit act - but, like many other things that you been put into place, there was no thought behind this one. What people dont understand is that there is a good debt and bad debt. This act is preventing people from buying houses and other good debt scenarios! People think that they have more money now because they "save" by not spending on a bond - but then they go buy expensive clothing! The act should be restuctured with some thought put into it