For Paulson to encourage Longer term investments with bonds is good, but push credit? Why?
DebsWeThePeopleBeckoning asked:
The idea of setting up a system for investors to reap benefits off investing in consumer credit bonds is good, but the “credit” is a bad idea as long as the “credit” lenders get to keep ripping off the consumers like they do. They steal late fees every month by delaying processing of consumer loan payments. It’s criminal how creditors are operating.
The idea of setting up a system for investors to reap benefits off investing in consumer credit bonds is good, but the “credit” is a bad idea as long as the “credit” lenders get to keep ripping off the consumers like they do. They steal late fees every month by delaying processing of consumer loan payments. It’s criminal how creditors are operating.




