Yes, they are a higher for people with bad credit, but they are still reasonable compared to unsecured loans. And that was my point, not this social justice div

Yes, they are a higher for people with bad credit, but they are still reasonable compared to unsecured loans. And that was my point, not this social justice diversion. And, yes, the rates do go up for people with a bad credit history. You can call them "the other half" but the simplest way for you to demonstrate your devotion to helping them is to quit writing comments and go lend your retirement savings to them. You seem to imply the banks are just overcharging out of some evil motive. Now is your chance to prove how wrong they are by cashing out your trust fund (you sound like a trustafarian) and loaning it out at "fair" rates. Just remember that every default by "the other half" destroys hard earned capital of retirees. The low rates really hurt the older savers. They're part of the "other half" too.