With aggressive marketing, Mexican banks offer credit cards to customers without asking any questions.
But interest rates are notoriously high.
An estimated three million people have fallen deep into credit card debts.
Al Jazeera’s Frank Contreras reports from Mexico City.
TRACEY
Dum ass
He lent money to fam???
These morons have no one to blame but their retarded selves. Same goes for ANYONE with unmanageable credit card debt, or an unmanageable mortgage. These fuckups are the reason we’re in the giant financial mess we’re in today. If you can’t do simple math, here’s a suggestion: pour yourself a nice tall glass of Liquid Drano and chug it down as fast as you can. It’ll fix all your problems.
wow. that idiot in the begining actualy used it to lend money to family. people love to blame the banks but they are actualy makng it simple. its not hard to understand that if you dont pay it back right away you must pay interest.
WOW!!That easy to get Credit in the USA!!..LOL
Ges meester nurtawn jew ur a esmaret maan. I jewst bye a nube cheby peekup! tank jew amerika and meester boosh and osama, viva USA!!!
LOL you think I believe in Biblical fairytales. I don’t believe in god.
I am certainly not in debt to Jewish banks or anyone. Also the Chinese and Russians are the better business lenders.
with that kind of attitude it’s no wonder jews were kicked out of every country they were in.
I refuse to recognize Barack Hussein Obama as President of the United States of America because he is not a natural born citizen and therefore ineligible according to the U.S. Constitution. The U.S. Supreme Court refuses to even discuss the many lawsuits filed by Philip J. Berg, Alan Keyes and many others. The media refuses to discuss it. Just watch some of the videos on my page. If you agree that the U.S. Supreme court should hear the facts and make a ruling then sign our POLL and “Friend Us”hy
large sums at that but regardless it always good to be cautious always make sure u have funds to back ur spending in case ur income changes
Yeah you build houses with the money that the Jewish banks lend you , we own your *** anyway you turn , even the Man on a cross whom you worship is a Jew …you are our slaves since at least 5000 years …
Bow to “Jewish masters”! LOL! My family build apartments and buildings in Tel Aviv and sell them onto you at exhorbant prices! LOL!
Oh Yea …we own the EU , we created it , and we own you little **** hole of a country too , so bow to your masters and STFU , your only way of survival is to bow to your Jewish masters and you know it …
Yes sir, now bend over whilst the EU sticks another ***** up Israel’s ***. How does that feel?
How does your stupid mind come to the realisation that I am a communist?
you have money you do not deserve , all money giving to you and your **** hole of a country by the EU , you should live in communist Albania and I want to see if you still will love communism
LOL Im a “commie”! I have more money than you!
Why do not you stick your nose in your stinky bacalao , I see everywhere defending the scumbags like you …are you a commie ..PortoShit ? …that’s the word for Portuguese
This is certainly no Mexico phenomena - it happens all over the world.
stupid customers. NOBODY forced them to get the credit cards. it just shows that many people still dont know how to manage their (financial) life.
Idiot - for a people who have suffered historically from persecution you certainly have no qualms exacting the same treatment on another people. Your god must be so proud!
i was in tijuana this weekend and i pasted by an advertisement for a visa at a local bank. the rate was 45 percent. could not believe it was that high…. i knew that cc interest rate was high but not that high.
FUK U WHITE ****** FUK
The sad thing about this, is that we had to rescue these banks from banruptcy (they were not really broken) ten years ago with the money of our taxes. Then, they gave the banks to foreign countries, now they charge int rates like 70%. Unbelievable, that’s why i am thinking not to use banks never and most mexicans should do the same to teach them a lesson. But, the worst part is you need a credit card to get services like cell phones and so on, it’s a dead alley and we are too deep into it.
70 PERCENT!!!!! What The Hell!!!
Look, I was engaged to my ex-wife for five years before getting wed. We wanted to wait until after we were married to have ***** to ****** ***********. So for five years we only had **** ***********. This occurred three times a day - so much so I have permanent ring stains around my crank, and no girl will perform oral love on me because of the repugnant *** smell. It; stinks so bad I forget and wipe my crank after having a dump. But that’s not to say we didn’t go through some hard times.
When she contracted amoebic dysentery, for a week we had to lay out plastic sheeting in the back yard and wear dirt bike glasses. It was intimate, like having **** *********** with a bucket of putrid mud. But those are the times you remember in a relationship.