Quote:
Originally Posted by jaysay
Its hardy surprising people get into debt when you see all these quick fix borrowing short term loads, the money will be in your account within 15 minutes, they are supposed to check out you ability to be able to pay the money back, by law, how they can do that in 15 minutes is beyond me, and with interest rates in some cases over 2000% apr, its tailor made to get you into debt
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Whilst I agree te lenders must share the blame for folks getting over their head in debt surely the person doing the borrowing must share the blame equally
If you can't afford to pay back don't borrow is the best maxim to live by, it just seems that a lot of people want everything "yesterday" and hang every other consideration
