Az, as usual you've hit the nail on the head. The reason they threw so much government money at this, is because if they didn't, there would have been a complete breakdown of the system. I wouldn't advise anyone to own any stocks at this time. All stocks are now is IOU's
paint the facts incorrectly.
Part #1 Borrowers are encouraged to finance existing loans. If the loan is 1K or less, it seems to me that you could possibly be on the hook, until death do us part, when fees and interest are included.
Part #2 you feel that (lawsuit) damages would be minimal at best. No one has ant idea what damages would be, depending on circumstances.
Part #3 this does scream out for regulatory reform.
Remember just because somebody wants to help you doesn't mean you accept there help. There motives may not be altruistic.
The next thing you're gonna tell me is WRLD does god's work. Living off the unfortunate isn't charitable. Then again this was never about taking the high road, was it. You know though we do have something in common, were both high class vultures.
There is NO problem with going forward with a lawsuit. If you've been damaged, especially to the tune of 100K or more go for it. You might as well try to recover some of it. Let the companies sell they're office furniture if they have to.
we all have to help those less fortunate than us. That means not allowing people to take loans they can't afford to pay, or have them pay a higher than accepted interest rate. Actually you're the condescending moron