I agree, I like the idea of credits. Otherwise, people like me, who scrimp and save, eat cheap, no vacations, so I can pay cash for everything will be "punished" because I didn't go in debt, while watching people get cars, education, or houses "for free" once their debt is "forgiven". Would create a lot of resentment to see overspenders getting off free and clear.
I agree, I like the idea of credits. Otherwise, people like me, who scrimp and save, eat cheap, no vacations, so I can pay cash for everything will be "punished" because I didn't go in debt, while watching people get cars, education, or houses "for free" once their debt is "forgiven". Would create a lot of resentment to see overspenders getting off free and clear.