Having been there & done that & struggled like hell to get myself out of the nasty cycle of more credit to pay off credit, I think the view of people deserving what they get & not being able to control themselves is a rather narrow one.
I, like may other many others (though admittedly not all), had to borrow just to make ends meet. At the time, I took the cheapest (& scuttiest) flat available, but due to shockingly low wages needed to borrow to top up my income. I did not spend on "luxury" items that I did not need, rather food, essential bills & occasinally a bit for my rent.
It has taken many, many years to pay (most of) this back & now, due to a better paid job & a well paid partner, I have the luxury of not needing credit cards or loans, instead I spend cash or use my debit card so that I can only spend what I have!
I feel that when you have a little more life experience under your belt your generalised oulook that people deserve to lose their homes due to borrowing too much may alter (I would at least hope it would). It is a truly frightening experience which I would not wish on anyone.
OK, finished
