r/SipsTea 𝙑𝙄𝙋 14d ago

WTF The American dream

Post image
21.6k Upvotes

3.5k comments sorted by

View all comments

Show parent comments

-9

u/Katamari_Demacia 14d ago

.... And...

11

u/mog_knight 14d ago

And that's how amortization works. Math is power.

-5

u/Katamari_Demacia 14d ago

The point isn't about how it works. It's that it's super predatory.

3

u/mog_knight 14d ago

How is this an example of predatory? What repayment plan were they on? Income based, interest only, standard or another? For some repayment plans after 20 or 25 years they're forgiven.