> Billy wrote: > Predatory lending is just the result of those who paid attention in math > class ripping off those who did not. Same with rent-to-own, auto pawn, > payday loans, etc. >
Those are legitimate services that come in handy and, 40 years ago, were only available to the wealthy. The concept of mass-market credit or the 'financialization of the economy' has only really been happening for about 30 years. That said, even those that paid attention in math class usually don't know how interest works. Our educational system totally fails at preparing people to work and make life choices - including where to work! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;203748912;27390454;j Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:262594 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
