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Posts Tagged ‘Interest Rates’

repossession houses

Kicking a family out of their house because of unreasonable interest rates and greedy bankers is surely a human rights issue. Does it call for extreme/non-violent action, like squatting your own home??

houses for auction

? .
The point is that it would still have been profitable to charge the usual interest rates which people could afford to pay.
It was only because hiked up extortionate interest rates were used that the people could no longer afford to pay
Did the loan-sharks want the people to pay them back in the usual way or not?