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Money Issues

Posted on June 10, 2011 by MOMMY RUBY

We are in times where money is hard to come by, not just in third world countries, but also in western countries. In America, so many people are buried deep in debt and the interest rates just keep piling up. Many have declared bankruptcy already while there are millions who have chosen to cut off their credit cards because they can no longer manage them.

While indeed almost everyone in America has a car because it is more of a need there than a luxury, many people have also gotten secured loans on their cars. These loans on car titles are made usually by people with bad credit. They need some money badly but they could no longer apply for personal loans because of their bad credit. So in the end, they have to put up collateral just so the interest rates on their loans would not be so high. This trend is just becoming too common today.

1 thought on “Money Issues”

  1. lovingly mama says:
    June 15, 2011 at 10:50 pm

    mommy i love it! :d this is a very beautiful theme!

    Reply

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Mommy Ruby is a solo parent from Cagayan de Oro City. She has been blogging since 2007. She enjoys blogging different topics and currently she finds her interests more focused on her family, her faith, and about her financial journey to a debt-free life. For inquiries and collaborations, please email here at hello(at)pinaymommyonline(.)com.

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