They extort 28% APR from you while paying 2% to account holders.
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Since when did two wrongs make a right?
[quote=Rt.66]Good point for this thread! How many people are actually getting a feeling of revenge/satisfaction from sticking it to the bankers? How many of us are both sick and mad at these freeloading bums and at the same time, enjoy seeing the working stiff, stiff the bankers?
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Rt.66 I would guess that we disagree on lots of things, but this might be the thing that we most disagree on. To me, seeking revenge is one of the most unattractive human attributes. Can’t say that I’ve never done so, but I never felt good about it once I realized what I’d done.
In this case it seems particularly unattractive because the bank has done nothing to this person other than make a loan to them. Which if I’m not mistaken that person requested them to do. To somehow now justify this as sticking it to the man, is from my viewpoint a very bizarre stretch.