Just say NO to Predatory Lending

It is very simple if people are considered high risk they shouldn't be eligible to receive a loan I think this makes good sense and all logical thinking people like us agree with this statement.  More to the point  if you have trouble controlling your spending you should learn to spot the predatory lenders and stay away. It is not there responsibility to avoid you it is there job to find you and make you an offer you should refuse. The most common sign of a predatory lender is risk-based pricing  this is when they charge you higher interest rates and up front fees for a small credit limit. In reality most of the risk is passed onto the customer due to the fees that are involved and the higher interest rates.  When you think about it if you have the money to pay a higher interest rate and the up front fees then why do you need a credit card and if you don't have the money to pay the up front fees and can't pay off your credit cards then you don't need a credit card. either way it is plane to see that a credit card is not needed.  this is not normal thinking I know normal tells you to borrow what you need and then keep on borrowing the problem is you can't keep borrowing money it does not work for governments and it won't  work for individuals eventually there will be a collapse.  In the end it is better to stay away from lenders stop listening to companies that want to sell you there products and don't let them do your thinking for you and start thinking for yourself you will excited about how much money you save no one is going to look out for your best interest more then you.