- More Strapped Consumers Are Protecting Their Credit Cards and Letting Their Houses Go
- POSTED 06.2.10
If unemployment hits, which bills do you cover first? Traditionally, that would be food, utilities, transportation and housing. If you couldn’t stretch your income to cover credit card payments, you let them go.
Such thinking is so pre-2008. Since the real estate meltdown, growing numbers of straitened borrowers are changing their priorities. They’re protecting their credit [...]