[PRCo] Re: Fare Registers - Passenger Counts - Recessions Depressions

Derrick J Brashear shadow at dementia.org
Mon Dec 15 12:14:38 EST 2008


On Sun, 14 Dec 2008, Schneider Fred wrote:

> have no credit to get us out of this.   The lady that owns my
> favorite Chinese restaurant is complaining that here Visa card holder
> has lowered her credit limit which now places here at a point where
> she is using up 70% of the available credit line instead of 35% and
> that makes her credit rating also look bad!   But the banks don't
> want people using credit.   They don't want to get stung again.

I could still pay off my house using the available balance on just one 
card. Of course, I am suffering because no one is buying, but not that 
badly. The mortgage cost is low.

Needless to say, I do not plan to do that.



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