|
Predatory lending practices... what is that exactly (And I know what THEY think it means, I am making a point). No one stood next to the borrowers and stuck a pistol to their head. That is predatory. Signing on to a 1 month arm resetting with no top percentage when rates are at 5% is not predators taking advantage of sheep. It is dumbies leveraging themselves to the nth degree and they should lose their freaking houses as they are too stupid to own one in the first place. THat is why there is this thing called an apartment, and for those too stupid to pay that, a bridge.
Just my opinions, but I am sick of reading about these 'predatory lengding practices'. Give me a break. No one wants to take responsibility for themselves anymore. There is always someone else to blame. I am not saying that there might not have been instances of people being deceived, but the vast majority of these people knew exactly what they were doing.
- CD
__________________
Sailnet Adminstrator & Moderator
Catalina 400 Technical Editor
Catalina 400, HN#289
Com-Pac 16
Are you trying to talk your spouse or family into cruising or sailing? Want to know what it is like, every day? Click here and enjoy:
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
|