quote:Originally posted by slasher I hate when people say well you signed the papers so that makes it okay that these lenders can charge disgusting rates on their loans. I am pay 10% on all my loans and I don't have a useless liberal arts degree. I try so hard to crush the principal but its a slow process and I pay way more than the minimum.
So then the question I would pose is "How do we decide then what promissary notes we sign, should be paid back and which ones should we not pay back because they are unfair?" Even if the lenders are following the rules???
Risk comes from not knowing what you're doing. (Warren Buffet)