The Real Problem with Subprime Mortgage Loans
Subprime loans are high-priced, high-interest products designed for borrowers with damaged credit, or in some cases, no credit. In other words, mortgage lenders, with and without brokers help, have underwritten mortgages for people that in many instances should never have been “qualified†for those loans in the first place.
Lest anyone think this sounds harsh, let’s [...]
How Credit Card Companies Exploit The Desperate
I get totally disgusted seeing how credit card companies go to ever-greater lengths in contriving to squeeze a buck out of people least able to afford it. This, despite all the supposed credit-reform legislation and fair practices hooey that gets bandied about.
Picture someone down on their luck. Can’t find a job, money’s tight, and they [...]
Waterproof, shockproof, everything proof underwater cameras made tough for the rugged outdoors
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