Das kleine Quiz könnte von Frau Prokop stammen: Von wann ist dieser Text und wer ist der Autor:
“Consumer debt outstanding, including mortgage credit, has almost tripled in the last decade… Its widespread availability has given consumers more flexibility in the timing of their purchases. But, in many instances, serious abuses have occurred… The testimony received shows a clear need for protection of consumers against charges of interest rates and fees far higher than apparent without any real knowledge on the part of the borrowers of the true amounts they are being charged. Purchasers of used cars in one study, for example, paid interest charges averaging 25 percent a year, and ranging well above this; yet very few were aware of how much they were actually paying for credit.
Excessive and untimely use of credit arising out of ignorance of its true cost is harmful both to the stability of the economy and to the welfare of the public. Legislation should therefore be enacted requiring lenders and vendors to disclose to borrowers in advance the actual amounts and rates which they will be paying for credit. “