Credit Crisis? Is It The Shoppers Fault

Did any one warn a shopper that he should not buy bags or should not spend money

on new shoes that he bought after seeing the window? If a shopper is going to use plastic or make use of the chip or pin machine then it is going to be good for us. This is what the people have been by the Cabinet members that the people have got no right to use the stewardship upon the current accounts that they hold. If there is a good relation between you and your bank, then it is not going to be considered of any good.

If you have not taken a permission from Sir Mervyn King or are not having one of your feet on the floor as far as any withdrawal of the future is concerned, then you should beware then the bailiffs are going to seize your children like any other property.

As we are the people who are suffering from the trouble of monetary scarcity are actually making a setting path of our own misfortune. This is the view of Philip Hammond, who is the Defence Secretary. And even if now also he is talking a lot about the Blame Game of the year 2012 then he can very well do it. He who also falls in the bracket of people who are known to be multi-millionaire is blaming a common man along with the banks, the both of these are the major reasons that the condition as well as severity of thee level of the debts is increasing from past quite some time now.

However, the reality is something else that actually these people are themselves are enjoying the crackle of crisp notes on their bed and are blaming the common man that he has applied for cheap loans, credit cards as well as different kinds of mortgages.

The poor condition of the economy had started happening from the year 2005, and if it said so then nothing wrong is being said in this regard. What can a common man do, when new jobs are shrinking, the bills or the grocery bills of the households are increasing day by day, what can a common man thinks of something else.If you want know more get visit at small loans for bad credit

It would not be wrong to say that the banks had persuaded the common man by brining in interesting offers so that he gets attracted towards such kinds of schemes. This happened because the common trusted the banks that they have come hp for their better future. Non of the so-called famous people had given a warning to them at that point of time that these schemes of the banks can prove to be a fraud.

by: Betty Anne

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