I don't have a lot of debt's so it wouldn't worry me but unfortunately a lot of people do. If rates climbed to quick a lot of people would be thrown through the shredder and I don't think that would be good for the economy. Some are just idiots who deserve to lose it all. My sister in laws boyfriend is in debt up to his ears. He just gets forms and signs on the line and they give him loans. The scariest part is he can't even read!
