Credit card debt rises 315%

[Hell Puppy]

Originally Posted by tony404

Wait there are people on here who will tell you, our industry is recession proof. lol

Is the recession impacting your numbers?

I've been doing online subscriptions for adult oriented material in one form or another since 1987, I've never seen the economy cause a significant dip.

Right now I'm not sure I'd call this a recession yet. We are on course for one, and whomever is elected President this November will have their hands full with the economy as soon as they enter office. How they react and the confidence it inspires, or the lack thereof, will dictate how bad it really gets.

But I think we have to get to early 1970's level of bad before the recession alone should run anyone out of this business. But we do have plenty of other challenges to deal with and anything that draws attention to credit card statements is potentially bad. Billing is, and always will be, our achilles heel.