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Old 12-22-2009, 11:33 AM   #12
pauldun170
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Join Date: Nov 2008
Location: New York
Moto: 1993 ZX-11 2008 CBR1000rr
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High risk = High Interest rate
If the government wants to step in and screw with a companies abilty to deal with risk then I would recomend they do what they do in commercial segments.
Nail the high risk consumer with fees.

If a consumer is serious about trying to rebuild there credit and earn the trust of lenders then they should be willing to pay.

If the government is serious about pushing financial institutions to lend more in order to get the economy going then perhaps they should shut the fuck up. the other option for high risk people is to not issue them a CC or loan at all.
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