I fully agree. I understand that the pressure to take out what's essentially a worthless loan for a worthless product was high, but a loan means that you agree, legally, to pay the money back.
I don't like loans, but when I sign for one I know I'm on the hook for the dough.
I fully agree. I understand that the pressure to take out what's essentially a worthless loan for a worthless product was high, but a loan means that you agree, legally, to pay the money back.
I don't like loans, but when I sign for one I know I'm on the hook for the dough.
Yep every time I've taken a loan I pay that back well before the full term. Loans are a good thing when used properly. I kind of laugh at the people who view all loans as (((predatory))). Why would anyone loan out money if they weren't going to make some interest on it? Doesn't make sense. After all the lender does take on the risk of default.
Yep every time I've taken a loan I pay that back well before the full term. Loans are a good thing when used properly. I kind of laugh at the people who view all loans as (((predatory))). Why would anyone loan out money if they weren't going to make some interest on it? Doesn't make sense. After all the lender does take on the risk of default.
(post is archived)