Quote:
Originally Posted by Pete Zicato
An article here says that 50% of Americans could not raise $2000 in the event of an emergency. |
I must assume that means 50% are totally maxed out on every credit card. Credit cards are an emergency fund of last resort. One solution for cash flow problems. Difficult is to believe that 50% of Americans are totally maxed out on all credit cards. That article do not discuss this.