Global Economy

Out of context: Reply #7

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  • JSK0

    I dont think consumers are better informed. They have the same mentality. If they were better informed, no one would buy in to predatory mortgages (not reading the contract or agreement). Everyone is looking for easy buck. I remember a friend of mine was complaining that he was a "victim" of the banks. I asked if he read the contract and agreement. He said "No. Why should I? I am the victim here" I asked to bring the contract. And it is in the first line "interest rate will increase to 15% after 2nd year" and "failure to make payment will increase rate to 35%" He lived in his place for 10 months without paying. He complains that he didnt get his fair share.

    This is moronic.

    JSK 0Permalink
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    • having access to better information doesn't always lead to better decisions. they are better informed thoughregiste
    • yep hes a moron.
      but banks are still cunts      fadein11
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