Why do some folks have a beef with usury and foreclosures?Submitted by tonym on Sun, 07/22/2012 - 08:35
It seems like a perfectly legitimate service to me. If I don't have the money I need, a company will loan it to me on the condition that I pay it back at an agreed upon schedule. If I fail my side of the bargain, I lose. What's the problem with that?
For the record, it would be great if no one ever bought what they couldn't pay for outright, but it still seems legit, business-wise.