Quote:
Originally Posted by woj
Yea, but it's pretty clear (at least to me) that interest they charge is variable and depends on numerous factors including your credit score, if you are late on payments, your credit score plummets, and so your interest rate goes up...
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Yeah but in what other business can they change the terms of the loan AFTER the money has been borrowed?
It would be one thing if they said "everything you charge from now on is going to be at XX%", but they raise the rates on money you've already borrowed.
The only other person I know who can get away with that is
