[synapse17]

Quote:

Originally Posted by fallen69lee04

they defenatly steal right from under our noses with our own money,

First thing one should understand when starting off in the world. Never make any assumptions. Cooperations have one goal, in fact they are required to maximize profits. This means they will take advantage of anyone in any situation. You will never be able to understand your contract as it is designed to confuse and intimidate. Most don't even bother reading them just for these two reasons. Banks and lenders will always mislead you often if not always lead you to make the most irresponsible deal in terms of your best interests.

You have almost no rights in the financial world. There are two sets of rules, the rules you follow and pay for and the rules they break and profit from.

You can rage against the machine and complain about how unfair it is all day long, it will never make any difference. We are literally owed by the banks.

Understand this and make informed decisions as-to your finances. Never live beyond your means. Make payments on time and never barrow more than you can afford and at an interest you can afford. Most don't realize just how much interests adds up over the years. Take out a $20,000.00 loan today and in 20 years after making the minimum monthly payment, you'll have paid that and more back to the lender and still have 20 grand or more left to pay.

All this coupled with the worst economy since the great depression 1929 - 1940, you will face obstacles many of us didn't have to deal with when we were starting off.

Be careful Squirtel. But most of all be smart.