Rolex and Consumer Credit.

[patek5107]

I was talking with a good friend the other day and he revealed that he owed about $50,000- on credit cards and personal loans.

I was absolutely shocked.

He then told me he was applying for a new credit card to get a new Submariner Date LV.

I told him that was stupid - I told him to repay his loans.

Do many people here use consumer credit to fund a Rolex purchase?

I remember reading a few days ago on here - a guy have bought his watch via American Express. That same person then said he was going to buy another Rolex the same way....

Then we hear that Americans are in debt!

I have seen some stunning collections here! Mine is crappy compared to the serious people here! Unfortunately my education / skills don't allow me to earn more - so I am realistic in what I can afford.