Wait, you mean companies would actually pressure potential customers to spend as much of their money as possible? Noooooooo. Couldn't be. I mean, the strategy of every for-profit company should be only to sell people that which they can afford, regardless of what they're willing to spend...... /sarcasm.


Nobody ever wants to place the blame where it belongs: ON THE BORROWERS. Nobody made them take the loans, they made choices and those choices have negatively impacted their lives. It is not a Bank's job to only sell you what you can afford, it is a bank's job to be profitable; a job in which they failed by lending money to DEADBEATS. If you buy a $10k plasma tv, and you put it on 3 credit cards, is it the retailer's job to stop you from buying it? I thought not. Stop trying to blame lenders for the personal failings of borrowers and accept the fact that some people were simply not meant to own homes.

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"Bring me that horizon".