Did consumers create the sophisticated loan programs that are not done blowing up in our nations face? No. How could they? They are money LOSERS in your words.
banking practices
Banks Raise Credit Card Interest Rates Based on Risk – But This Leads to Losses
More than half of all of the people that have consulted with Consumer Recovery Network over the years, have indicated that credit card interest rate increases had made it harder for them to keep up with their monthly payments. Why are these increases happening? In many cases it’s because of something called the universal default, […]