Bad Credit Unsecured Debt

I know that many people are filing for bankruptcy on the credit card debt. I did it myself and I have $ 35,000 worth of the credit card debt discharged. This means that my credit card companies lost a lot of money on me. I know that my credit is ruined, but good. unsecured debt should be more difficult to obtain. It is always easy to declare bankruptcy if they meet the income test. Your opinion, please.

20K I was rejected 5 years ago, but I learned my lesson. many people do not.

I never want to be in debt and in that position ever again in my life.

I agree that loans should be more difficult to obtain, and it may very well come to this point. The banks will be more careful in the future I guess that they give money to and how much.

The debt is a bad idea.

The vast majority of credit there is no guarantee. The problem is not unsecured debt, the lender is to give loans and cards to people who should not have been approved. Once the approval standards have been abandoned, that is where the problems started.