Better yet, change the usury laws to be assessed as flat negotiated fees as part of the loan, up front, so that a borrower with a 30 year loan doesn’t think it’s “five percent” of $100,000, which is $5,000. When they see that they end up paying $80,000 in interest on their $100,000 home, they’ll think twice, or even refuse.
Better yet, change the usury laws to be assessed as flat negotiated fees as part of the loan, up front, so that a borrower with a 30 year loan doesn’t think it’s “five percent” of $100,000, which is $5,000. When they see that they end up paying $80,000 in interest on their $100,000 home, they’ll think twice, or even refuse.
Did you intend to post this reply elsewhere?
Yes. I picked the wrong day to quit huffing glue.
I think the comment fits here, on this post. Perfect cuz it calls out the people behind the banking cartel and the topic of the video.
I honestly think he intended that for me in a conversation I was having with someone else, DAYS ago. It's far too specific to what I was talking about.
Or maybe we could teach people basic finance.
I don't know anyone who thinks they will pay 5k on a loan like that. In fact it is in the documentation.
Granted I don't hang out with crayon eaters.
Why do you think public schools have been dumbing down math for the last 50+ years?
As is said, "they aren't going to give you the education you need to overthrow them".
I noticed how fucked that was when I got my first car payment. I totaled up my payments over 5 years and and it's closer to like 35% interest. I asked how do you guys give that's a 6% rate. 1000 yard stare and they're just like it's just how it's calculated. Kike math at work
Better yet, change the usury laws to be assessed as flat negotiated fees as part of the loan, up front, so that a borrower with a 30 year loan doesn’t think it’s “five percent” of $100,000, which is $5,000. When they see that they end up paying $80,000 in interest on their $100,000 home, they’ll think twice, or even refuse.
Adding it to the 'dangerous ideas that could work' category.
(post is archived)