Quote:
Originally Posted by GDB
They need to get the fuck over themselves. 14.5% too high? Average citizen's interest rate is over 19%. God damn crooks.
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You'd have to be pretty uninformed (or just stupid) to take a 19% interest loan. That thing would double every 4 years.
Average mortgage rate in Europe is about 4%, and on non-mortgage loans 6%.
You might get those kind of interest rates on a credit card, but not building up credit card debt is one of the most clichéd bits of financial advice out there.