$60,000 in debt, and nothing to show
Mary Uhazi is drowning in a sea of debt that she built up slowly over more than two decades of easy credit, but now worries she won’t be able to pay off because of the recession.
Mary Uhazi has more than $60,000 in credit card debt and, by her own account, “nothing to show for it.”
“You have some clothes, you have some dinner, you have a handbag, you have whatever, but it’s not $11,000 worth or it’s not $60,000 worth,” Uhazi said.
Uhazi is drowning in a sea of debt. And, like millions of other Americans, it is a debt load that she built up slowly over more than two decades of easy credit that made it all too simple to spend. Now she worries she won’t be able to pay it off because of the recession, which has led to a reduction in her salary and an increase in her credit card bills. …Click on picture for full story
