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Originally Posted by justin
I think I'll call my credit union today to see if they'll knock a couple percent off the interest rate on my ARM. I don't really want to pay the exhorbitant rate that I agreed to 2 years ago. In the spirit of equity and fairness, I think I'm entitled to at least a 2% reduction for the rest of the life of the loan. :  |
Nice sarcasm, justin. Your point is valid. But some people are unable to pay not because of the interest rate they agreed to in the past, but because they lost their job, and could not find anything else. These particular people deserve some help, imo.
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