Im just a poor ole Dumbass red neck, so I need someone to splains - TopicsExpress



          

Im just a poor ole Dumbass red neck, so I need someone to splains sumptin to me. If you need a loan from a bank, the lowest loan rate you can get is around 4% if you put up your house as collateral (mortgage) and have a top 5% credit rating. Unsecured loans, like a credit card, can approach 20% interest. So why is it if I want to save money at their big ole bank the best interest rate they can pay me is less than 1/10th of 1 percent? My real question is why isnt anyone pitching a fit about this?
Posted on: Sun, 25 May 2014 21:01:56 +0000

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