Thursday, April 23, 2009

Where did the money go ?

Smile Please....Nothing is going to happen more than what is happening with all of us.....

Here we imagine missing a payment and we get hundereds of calls from so called lenders...who keep reminding us, you are due so many days blah blah....cranking jokes at the other end not trying to understand what goes with in our minds...and we with immense pressure try to make them understand that I am sorry for not paying on time...when things are out of control, we end up not paying...we get a huge bill for next month the penalty is more than the originial money owed.....and credit scores everything is impacted making you look like a worst criminal in the world.....dealing with the system..we have moved on paying back all owed sometimes...or still paying the minimums for 25% interest on creditcards..and 12% on home mortgages which is going to a system that is benefitting the 'C' categories, who end up making hefty bonuses and pay packages, vacation pays, sign up bonuses, all because they have mastered the billing system which can trick and track you and keep you in loop for just saying yes to a marketing call which sometimes are compelled to say yes to wind up a 0% interest for few months or something similar in grounds.....

My $1.oo Question is when a consumer delayed or defaulted...there is no body or system that will come to our rescues....How is government running towards a failing banking system which is sucking away, taxpayers savings which is supposed to be spent on people....not to save failing banks who have a system like a pyramid of cards when the base card gets a gush of wind...whole of the tower of cards fall down.....


Who is supposed to call them and say Hey, so and so bank, you have defaulted your payments...you are supposed to pay x amount as late payment...or you loose your bank....because you are late....or you defaulted......

does any one have any say if things are so badly controlled and all the CNBC, BBC channels who host gorgeous news anchors blaberring about economy making it juicer for hearing and scaring people reading about some internet rumor going around making it public....

where did the money go ?
This is still a big question for people....

Hellooooooo...can any one answer me.....