KA in Texas said: “I signed for a Kawasaki credit card for my son (so he could purchase a bike). It turned out to be HSBC. I have been paying on this card for almost 3 years … and the balance has not gone down. I’m paying around $200 a month. So, I’m figuring that is about how much interest I’m paying. My son wants to sell the bike but the payoff is about the same as the original price. This is just legalized loan sharking… if people just stop making the payment and they go down … they deserve it. Oh yeah, I’ve made all my payments on time and I’ll be making the payments until I die and then someone else will inherit the debt… which will have tripled.”
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