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To: sickoflibs

“Banks make $$$ by loaning it out. They cant just call a homeowner and demand full payment on a mortgage on the spot.”

True - but that’s probably spelled out in a contract. If the bank changes the rules on me, without my agreeing to it...I’m upset.


26 posted on 01/27/2014 8:22:04 AM PST by lacrew (Mr. Soetoro, we regret to inform you that your race card is over the credit limit.)
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To: lacrew; Smokin' Joe; JRandomFreeper
RE :”True - but that’s probably spelled out in a contract. If the bank changes the rules on me, without my agreeing to it...I’m upset.”

This isn't the UK.

In the US we create our own currency so saving accounts are not at risk the way those in the EU are.

So that is unlikely to happen here,

35 posted on 01/27/2014 8:32:43 AM PST by sickoflibs (Obama : 'If you like your Doctor you can keep him, PERIOD! Don't believe the GOPs warnings')
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