Tag Archives: loans
Anyone Can Lose a Home
Sent in by a reader …. From the New York Times; that they got a crazy loan(s) isn’t the most powerful part of this story. The rapid spiral of debt, and hopelessness is; this story is a “must read.”
Between humongous loan balances and high rates, we had hung ourselves with the rope they gave us. In the previous December alone, we charged $2,845 on the Chase card for Christmas gifts, food, gasoline, clothing and other expenses. The charges included almost $350 for groceries, $700 in clothes from J. Crew, $179 at GapKids and $700 for airplane tickets for