How big of a problem is credit in the USA?

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2007-07-11 04:23:37 · 3 answers · asked by Anonymous in Business & Finance ➔ Credit

It's a big problem due to the lack of financial education.

http://fundszine.com/28-how-to-improve-a-credit-score-or-get-one-if-you-do-not-have-it/

2007-07-11 05:23:05 · answer #1 · answered by Alex G 1 · 0⤊ 0⤋

With the number of people who get in over their heads and can't pay, seems like a pretty big problem to me.

2007-07-11 11:28:33 · answer #2 · answered by Judy 7 · 0⤊ 0⤋

Credit is not the problem.

Peoples mismanagement of their own finances is the problem.

2007-07-11 11:37:41 · answer #3 · answered by mister_galager 5 · 0⤊ 0⤋