Re: Can't pay? Just walk away.

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Article #83

#83

From: Larry Bud
Date: Thu, 07 Feb 2008 17:43

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> Personally I think its wrong that Americans allow  private companies
> (the credit reporting agencies) keep secret  files on citizens that
> determine whether they are "credit worthy or not" and largely
> determine what they will pay in interest charges for credit cards,
> mortgages, etc.
>
> What if you walked into a grocery store that charged high or low
> prices for the same item dependant upon the the race or gender of the
> person making the purchase? Nobody would put up with that...

Completely bogus analogy.  The grocery store has no risk when they
sell groceries to a deadbeat, because they're getting the money at the
time of the purchase.

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From: Larry Bud <larrybud2002@yahoo.com>
Newsgroups: alt.consumers, ba.consumers, misc.consumers, misc.consumers.frugal-living
Subject: Re: Can't pay? Just walk away.
Date: Thu, 7 Feb 2008 09:43:18 -0800 (PST)
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