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Destigmatize Bankruptcy. (lemmy.ml)

submitted 10 months ago by [email protected] to c/[email protected]

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[–] [email protected] 1 points 10 months ago* (last edited 10 months ago) (1 children)

The banks aren't good on their word you fucking trog. They raise the interest rates after you borrow, that's not fucking playing fair by any means. Tell me your a scumbag banker without telling me.

[–] [email protected] 0 points 10 months ago

No they don't. If you borrow at a variable rate, the rate will track with the reference rate (that the government changes, not the banks) both up and down.