The Mudcat Café TM
Thread #115958   Message #2486855
Posted By: CarolC
06-Nov-08 - 03:58 PM
Thread Name: BS: I thought this figure deserved notice
Subject: RE: BS: I thought this figure deserved notice
The other problem with that is the effect that carrying that much debt would have on the credit rating. I'm not an expert on this, but I would think that carrying a large debt and paying it off in very small amounts, like $5 a month, would be very bad for one's credit rating.