50% of Americans Couldn't Come Up with $2000

[classicman]

Originally Posted by tw

First, one has a credit card, does not use it, and therefore has no monthly payments. FALSE

The argument is valid, but subjective.
I don't believe most of the 'on the edge' cannot have any credit cards.
A credit card that you have and do not use can cost nothing. FALSE

Anybody can afford a credit card by not using it. FALSE

Many companies are canceling credit cards if they are not used and/or the credit rating of the consumer does not meet their standards.

Google is your friend and this has been happening for at least 4 years. Its the "If you don't use it, you lose it" plan

Unrelated statistic - "37% of families are still paying off a credit card they cancelled. "