“Even I wouldn’t make a loan to me at this point,” Ms. Alejandro said.
are they once again preying on the people
The banks, for their part, are looking to make up the billions in fee income wiped out by regulations enacted after the financial crisis by focusing on two parts of their business — the high and the low ends — industry consultants say. Subprime borrowers typically pay high interest rates, up to 29 percent, and often rack up fees for late payments.
the government should make a declaration on record "no more bail out's" and those who persist should be investigated by the consumer reg people, also those seeking loans with less then preferred credit should also have some kid of admonishment. desperation by circumstance is generally the lender's prime targets for high rates in payback. is that really why the eagle is the country's bird symbol, bird of prey? this is one of those times when it should be remembered "to ignore history is to give us a front row seat to the repeated sequel. please click title
