I wanted to pass along an interesting story I saw a few weeks ago in the WSJ about support groups for debtors. They had such names as the "Sunday Morning Club" and "Girls Just Wanna Have Funds." These groups, to me, serve as an indicator that debt has become a socio-cultural phenomenon akin to addiction, such that people now feel the need to have support groups to confront and combat their problems. I also note a lot seem church-based. I suspect these are more organic and less slick than. e.g, current commercialized debt gurus. Here's my lingering question: what do the credit card lenders have to say about them? I suspect they'll proffer support, the way brewers encourage "responsible drinking," but I can't help but wonder whether secretly they can't stand them...
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