Quote:
Originally Posted by OccultHawk
I don’t think I laughed at that one. I don’t know what your bankruptcy laws are like or how unforgiving the interest you were paying.
I would like to see what those debt rates would be adjusted for mortgages.
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I don't know what the rates are/were. I don't think the bank I was with was particularly exorbitant. I mean, as I've ranted on here about before, I see payday loan companies advertising up to 1,250 percent! ****s. Our bankruptcy laws are going through a bit of a shakeup, with the introduction of the Personal Insolvency Laws, but I was never close to bankrupt. Paying out a quarter of your wages a month on loan repayments is bad, but I was never at breaking point or anything like that. I could have saved if I had tried, but of course I'm a stupid ****, so no I did not.