I mean I understand 1 or 2% interest for us buying a house because of business overhead and risk but with modern technology we know down to a T how many people default on loans and credit cards.
And no interest rate I don’t give a fuck if its a credit card to someone in the ghetto making 500 a week should be more than 5-8% and for houses and cars it should never be over 3 max.
If they aren’t confident enough to give the loan then they shouldn’t instead of giving it and charging people even with 800 credit scores 18% still to make up for the stupid decisions low income people make.
I mean I understand 1 or 2% interest for us buying a house because of business overhead and risk but with modern technology we know down to a T how many people default on loans and credit cards.
And no interest rate I don’t give a fuck if its a credit card to someone in the ghetto making 500 a week should be more than 5-8% and for houses and cars it should never be over 3 max.
If they aren’t confident enough to give the loan then they shouldn’t instead of giving it and charging people even with 800 credit scores 18% still to make up for the stupid decisions low income people make.