The Parasites of Western Economy, Part 2: Shifty Lenders.

Additional survival tricks

bytonytran2015(Melbourne, Australia)

#shifty lender,#parasite, #shark lender, #captive borrower, #inexperienced borrower, #private equity,

The Parasites of Western Economy, Part 2: ShiftyLenders

Because of the requirements in life we do have take loans during some phases of our lives: A worker has to buy a car to go working far from home and later he has to buy his house using long term loans. We certainly have to borrow to buy houses if we neither use gold to store our saving nor want to lose much of the saving in hand to the vicious inflation ([2]).

1.The shark lenders in car finance preying on new borrowers.

The lendings by banks to the starting up car buyers have to be appreciated.

However, there are often more numerous greedy “shark lenders”, who are usually located next door to the car show rooms, and are associated with the car dealers…

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