Debt Reduction Program: Harvey Carson

Return to the main story: Card Usage Rises as Credit Crunch Continues

In Fort Myers, Harvey Carson is also finding credit card problems are aggravating an already dismal business climate for the Sub & Pub he owns at Clifford Street and West First Street, just west of downtown.

The High Point Place condominiums sit nearby with only a few summer residents. Road construction plus city employee layoffs have also taken their toll, he said.

“It was tough enough to pay them in this bad economy before,” Carson said. “You can imagine how tough it became” after he missed two payments on one card eight months ago.

“All of a sudden my interest rate went from 9.99 percent on one card to 27.99 percent” and the other cards soon followed suit, he said.

He’s trying to work things out with settlements and a debt-reduction program.

“It’s almost to the point now where even if they finished (road construction) tomorrow, there’s not enough people downtown,” Carson said. “If things don’t change in the next six months, I doubt I’m going to be around.”

Return to the main story: Card Usage Rises as Credit Crunch Continues

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