No. of Recommendations: 5
I would not be surprised if 6 - 12 months from now, we have some Katrina victims showing up here at the CC board looking for help.

Experts: Katrina victims piling up credit card debt

All I can think is that it takes just one minor catastrophe to offset a smooth running financial plan ... something of this magnitude is hard to comprehend. If it were me in the same place - house, car, clothing & job lost, local bank under water - I could see putting on $20K of cc debt in short order. My heart goes out to them.

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