I Know How It Feels

Wow! Who would've thought? And, here I am, thinking I am the only one in debt, continuously being taken advantage of financially. After reading this article, I've come to a conclusion that all lenders are scammers. I feel that in the past a lender allows people who don't have money to acquire a product, that is way out of their annual income (even over 5 years of income), and in turn pay a reasonable amount of interest on this money loan. Sounds normal right? But, there's a catch: adjustable interest rates, fees, and money sucking lawyers, who get paid by loan companies to find out how to get more money out of you.
Now I'm not against free enterprise, but what I am against is expecting more money from individuals, who cannot afford it in the first place. What I am saying here, big corporate bullies, is that you are drawing water from a well of mud. Basically you prey on people who don't have a lot of money in the first place, and then you continue to purge them of money, until they settle bankruptcy, or are sent to the credit agencies for delinquency. And then even though they are delinquent on their loans, you continue to offer more loans, and credit solutions, that simply are drawing more money out of a already dry well. What in the hell is going on here? You could argue that people need to be responsible with their finances, but this represents a failure of loaners to manage their business.
I'd have to say, that with our ailing economy, and the fact that housing foreclosures, and bad credit are mostly to blame, it's wholly evident that corporate lenders have raped the public of stable economy, and a blanket wealth. Instead, now we have the middle class and the poor getting poorer, and very few rich getting richer. Are the wealthy aware that they are nothing without well financed lower classes?

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