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[iLIE]

Capital One CFO Gary Perlin noted a "striking finding" that about two-thirds of its credit-card customers who were 90 days or more past due on mortgage payments were still current with credit-card payments. That figure has remained steady over the past year, he said, because consumers "have a bias to pay the loans that...provide enduring value."


http://www.thestreet.com/story/10413643/1/credit-card-debt-the-next-possible-implosion.html
By such logic, at least 66% of consumers value credit-card purchases above their homes. Certainly that's true for some who feel a need to have the latest fashion, accessories, technology and cars, regardless of financial circumstances. But others place higher importance on credit cards because they're a means to purchase immediate needs, like food and gasoline, when cash isn't available. For those with adjustable-rate mortgages that reset at higher rates, perhaps making huge mortgage payments on a home whose value is plummeting seems like throwing cash into a black hole.

ETA..This is bama on another login

[Senator]

ETA..This is bama on another login

Why you using another login?

[iLIE]

Timmy hasn't been out in a while so i'm taking him to join the "crips"

[droolingelmo]

Maybe I was wrong and medication can't help a split personality.

Bama has more balls than Timmy.  Beat Timmy back into the closet.