what rubbish!whats wrong with this: if someone takes out a loan...

  1. 112 Posts.
    what rubbish!

    whats wrong with this: if someone takes out a loan they should repay it as required or go broke? i mean what sort of person takes on a loan because the bank says they can have it? surely you'd do your own budget???

    or this: if a bank writes a heap of poor loans they wear the consequences and possibly go broke?

    why should a government have to support financial ineptitude at the corporate or the individual level? isn't anyone responsible for their own actions anymore?
 
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