Quote Originally Posted by joebloggs View Post
this is wrong , the interest rate on a unsecured loan is higher because of the risks to lender, so if you don't pay and they force you to sell your property, then why have they charged you a higher interest this is unfair and
It might be disagreeable and it might be immoral and it might be unfair and it might be crazy etc etc.
But it is NOW the law.
Don't believe that creditors will have any 'heart' or compassion. They will use the full-force of the applicable LAW

Borrowers take note !!!!!!