Sorry Stacy, I disagree. the CARD Act was a big step backward. Responsible borrowers like myself just got our rates jacked up as the banks anticipate this law going into effect in a few months. Now the risk will be spread out equally among all borrowers.....which means that responsible borrowers like myself get screwed, and irresponsible borrowers get subsidized.
Hmmmm....sounds EXACTLY like the current state of the housing market right now.
nice!
gigimimilulu 1 year ago
Sorry Stacy, I disagree. the CARD Act was a big step backward. Responsible borrowers like myself just got our rates jacked up as the banks anticipate this law going into effect in a few months. Now the risk will be spread out equally among all borrowers.....which means that responsible borrowers like myself get screwed, and irresponsible borrowers get subsidized.
Hmmmm....sounds EXACTLY like the current state of the housing market right now.
Is there a theme here....??
scwallac 2 years ago
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MommyKiller1 2 years ago