Have the banks learned their lessons?

Discussion in 'BlackHat Lounge' started by spaceinvader, Mar 24, 2009.

  1. spaceinvader

    spaceinvader Regular Member

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  2. jasonac2

    jasonac2 Junior Member

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    Well, your location says Liverpool, and in the UK it's a bit different. I don't know your current situation, but the banks in the UK are able to give credit now more easily. But still, you know more about yourself than I do :p

    As for the US, I think they haven't. They're too stupid and greedy. I don't understand how some people are in $30,000 in debt with interest rate of 16%, then the bank RAISES their interest rate to 32%, making it even harder for these people to escape debt. The bank is going to get less money if these poor people file for chapter 12.

    This is why I love Canada's "socialist" ways.