Why do c0ns think the debt needs to be paid RIGHT THIS SECOND? Don't they know how credit and loans work?
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02-02-2013, 11:41 PM
Post: #11
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no one wants to be in someone elses back pocket. The more debt you have the more interest you pay; the bigger the debt gets the bigger the risk to the lender so you get charged a higher interest rate because you are seen as a high risk to lend to. Maybe the government should take a look at people who live within their budgets and pay off their home loans first before buying other stuff. Pay off your loans then you'll have more cash to spend...
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Messages In This Thread |
Why do c0ns think the debt needs to be paid RIGHT THIS SECOND? Don't they know how credit and loans work? - ranXerox - 02-02-2013, 11:33 PM
[] - whisperingcherries397 - 02-02-2013, 11:41 PM
[] - gigantictable893 - 02-02-2013, 11:41 PM
[] - Texas Mike - 02-02-2013, 11:41 PM
[] - Jersey Guy - 02-02-2013, 11:41 PM
[] - Jason Adams - 02-02-2013, 11:41 PM
[] - hello - 02-02-2013 11:41 PM
[] - electricpole - 02-02-2013, 11:41 PM
[] - Spock (rhp) - 02-02-2013, 11:41 PM
[] - Oldwhiteguy2earth - 02-02-2013, 11:41 PM
[] - BekindtoAnimals22 - 02-02-2013, 11:41 PM
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