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988

This will just encourage fee-based cards again.

This will just encourage fee-based cards again.

(post is archived)

[–] 1 pt

How about match SCRA 4% lol

[–] 1 pt

I’ll take fee based cards over (((interest rates))).

[–] 0 pt

I'd rather have the interest rate, since I don't carry debt. The rate could be 100% and I'd never know.

[–] 2 pts

Borrowing is a necessary evil, at times. It should be a last resort, especially in a sound money (full reserve) economy.

However, (((compounding interest))) is a deception, and it lulls borrowers into complacency in their debt repayment, yielding the lenders more than 200% of the amount borrowed in the case of mortgages.

Establishing fees and capping interest ROI for lenders at a fixed amount discourages lending, which, in turn, diminishes and even eliminates debt.

(((Lenders))) like deceptively low interest rates with minimal fees to trap their prey.

[–] 1 pt

People have been conditioned to live well outside their means.

[–] 0 pt

All because lazy bastards dont want to pay off their balance

[–] 0 pt

Stop the ad hominem bs. 24% is kike usury and is indefensible.