Debt be not proud!
The September cover story ("Maxed out: The spiritual cost of personal debt") by Leslie Scanlon was a good article. People have to take more responsibility for their debts.Companies issue cards to anyone. And the ads that say, "Buy now and pay later," invite people to spend. They cause overcharging and result in people filing for bankruptcy, allowing them to walk away from their debts. Years ago people who declared bankruptcy tried to pay back their debts; today they walk away from them.
My parents taught us that we don't buy what we can't afford and we don't spend money we don't have. It's been a good lesson.
Shirley Noel
Northbridge, Mass.
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| Title Annotation: | you may be right: LETTERS |
|---|---|
| Author: | Noel, Shirley |
| Publication: | U.S. Catholic |
| Article Type: | Letter to the Editor |
| Date: | Nov 1, 2005 |
| Words: | 112 |
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