Well I think the most who are going to be hit hard are the ones who live off of their credit cards. I don't have any so it won't matter to me. I just need to shell out more money for gas, etc and need to budget accordingly and with a loan that I will be paying off in 2 months that money will help out a lot as I was going to use it towards my college funds but now I'm thinking leave it in my savings/money market even though there really isn't an investment on that either.