this post was submitted on 23 Dec 2023
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Rent is Robbery (lemmy.ml)
submitted 11 months ago by Grayox@lemmy.ml to c/memes@lemmy.ml
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[–] Ookami38@sh.itjust.works 0 points 11 months ago

I think a better goal may be to make plans affordable. Loans are a valuable tool, if they're at a decent rate, so restructure them. Interest never compounds. Rates have to be reasonable. Payments always come out of principle, with interest tacked on and paid at the end of the loan's life. It's also a reeeeeeally hard task to say just "make things affordable"