High Price of Easy Credit

Couple learn the high price of easy credit
The price of rate for simple things like holding a savings account have become harder over the years since the mid 80's. The interest rate for various types of loans have gone up a whole lot also. These have put many Americans in debt because the loans turned out to be whole lot more then what they had bargained for in the beginning. An average family like the one in the article make 66,000 thousand a year. This is pretty average for an American family but with rate percentages going up they figure taking out loans can help them away from debt but instead assures it. By the end of the year they end up paying more then what they've earned and they're pocket money is all used up in the debts they owe banks.
OUCH!!