Nothing bothers me more than people making excuses for firms that charge outrageous rates. If your underwriting is so poor that you cannot maintain a profitabl

Nothing bothers me more than people making excuses for firms that charge outrageous rates. If your underwriting is so poor that you cannot maintain a profitable business without charging an arm and leg, you don't deserve to be in business. Having a looming cap on interest rates has driven innovation in payment schedules, collateral, and user experience across the industry. Constraints breed creativity. They only winner here is the lender who would have been out of business due to the law, we would be better out without them.