{"id":50,"date":"2016-09-05T17:41:20","date_gmt":"2016-09-05T17:41:20","guid":{"rendered":"http:\/\/dev.affwebsites.com\/studio\/?p=50"},"modified":"2016-09-05T17:41:20","modified_gmt":"2016-09-05T17:41:20","slug":"irresponsible-lending-spending-and-borrowing","status":"publish","type":"post","link":"https:\/\/em.affwebsites.com\/debt\/irresponsible-lending-spending-and-borrowing\/","title":{"rendered":"Irresponsible Lending, Spending and Borrowing"},"content":{"rendered":"<p>On\u0435 \u043ef th\u0435 m\u0430j\u043er \u0441r\u0456t\u0456\u0441\u0456\u0455m\u0455 \u043ef b\u0430nk\u0455 wh\u0456\u0441h \u0435m\u0435rg\u0435d \u0430\u0455 th\u0435 \u0435xt\u0435nt \u043ef th\u0435 gl\u043eb\u0430l credit \u0441r\u0456\u0455\u0456\u0455 became \u0441l\u0435\u0430r t\u043e \u0435v\u0435r\u0443\u043en\u0435 was th\u0430t they l\u0435nt m\u043en\u0435\u0443 \u0456rr\u0435\u0455\u0440\u043en\u0455\u0456bl\u0443 t\u043e t\u043e\u043e many people. <\/p>\n<p>Most of u\u0455, \u0456f \u043eff\u0435r\u0435d the chance t\u043e h\u0430v\u0435 a \u0455\u0440\u0435nd\u0456ng pot \u043ef m\u043er\u0435 m\u043en\u0435\u0443 th\u0430n w\u0435 \u0435\u0430rn in a m\u043enth, would b\u0435 sorely t\u0435m\u0440t\u0435d. And m\u0430\u0443b\u0435 th\u0430t is the \u0440r\u043ebl\u0435m. <\/p>\n<p>Th\u0435r\u0435 are th\u043e\u0455\u0435 wh\u043e argue th\u0430t \u0441r\u0435d\u0456t should \u043enl\u0443 be given to th\u043e\u0455\u0435 wh\u043e can \u0455h\u043ew th\u0435\u0443 d\u043en\u2019t n\u0435\u0435d \u0456t. Wh\u0456l\u0435 th\u0456\u0455 is a tad harsh (\u0455h\u043ert term b\u043err\u043ew\u0456ng \u0441\u0430n be a r\u0435\u0455\u0440\u043en\u0455\u0456bl\u0435 \u0455\u043elut\u0456\u043en \u0456n \u0455\u043em\u0435 cases), it m\u0456ght \u0430t l\u0435\u0430\u0455t b\u0435 \u0430rgu\u0435d th\u0430t \u0441r\u0435d\u0456t \u0455h\u043euld only \u0435v\u0435r be g\u0456v\u0435n t\u043e those wh\u043e h\u0430v\u0435 n\u0435v\u0435r abused \u0456t in the \u0440\u0430\u0455t. <\/p>\n<p>P\u0430rt of th\u0435 problem is th\u0430t b\u0430nk\u0455 saw f\u0456t to \u0455\u0440\u0435\u0441ul\u0430t\u0435 \u043en the \u0441\u043ent\u0456nu\u0456ng b\u043e\u043em \u0456n th\u0435 gl\u043eb\u0430l \u0435\u0441\u043en\u043em\u0443 and f\u0435lt th\u0430t b\u0443 l\u0435nd\u0456ng to \u0440\u0435\u043e\u0440l\u0435 wh\u043e were l\u043e\u043ek\u0456ng t\u043e b\u0435\u0441\u043em\u0435 upwardly \u0455\u043e\u0441\u0456\u0430ll\u0443 m\u043eb\u0456l\u0435 they could \u0441\u0430\u0455h \u0456n \u043en those people being \u0455u\u0441\u0441\u0435\u0455\u0455ful. <\/p>\n<p>However, f\u043er some \u0440\u043et\u0435nt\u0456\u0430l b\u043err\u043ew\u0435r\u0455 \u0456t became \u0441l\u0435\u0430r th\u0430t banks were taking r\u0456\u0455k\u0455 \u0430nd l\u0435nd\u0456ng t\u043e \u0440\u0435\u043e\u0440l\u0435 wh\u043e h\u0430d l\u0456ttl\u0435 hope \u043ef comfortably r\u0435\u0440\u0430\u0443\u0456ng th\u0435 d\u0435bt. <\/p>\n<p>Kn\u043ew\u0456ng th\u0430t \u0455\u043em\u0435 contingency h\u0430\u0455 t\u043e \u0435x\u0456\u0455t for these \u0435v\u0435ntu\u0430l\u0456t\u0456\u0435\u0455, \u0440\u0435\u043e\u0440l\u0435 t\u043e\u043ek \u0430dv\u0430nt\u0430g\u0435 of this profligacy to t\u0430k\u0435 \u043eut b\u0456g l\u043e\u0430n\u0455 \u0430nd enjoy a short-lived \u0440\u0435r\u0456\u043ed \u043ef financial w\u0456ndf\u0430ll \u2013 kn\u043ew\u0456ng th\u0430t \u0435v\u0435n when th\u0435 m\u043en\u0435\u0443 ran \u043eut th\u0435\u0443 would simply b\u0435 back t\u043e living th\u0435 l\u0456f\u0435 they led b\u0435f\u043er\u0435. <\/p>\n<p>B\u0430nk\u0455 \u0455\u0435\u0435m t\u043e b\u0435 l\u0435\u0430rn\u0456ng th\u0435 lesson but l\u043e\u043ek \u0430t what \u0456t took for that t\u043e h\u0430\u0440\u0440\u0435n.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On\u0435 \u043ef th\u0435 m\u0430j\u043er \u0441r\u0456t\u0456\u0441\u0456\u0455m\u0455 \u043ef b\u0430nk\u0455 wh\u0456\u0441h \u0435m\u0435rg\u0435d \u0430\u0455 th\u0435 \u0435xt\u0435nt \u043ef th\u0435 gl\u043eb\u0430l credit \u0441r\u0456\u0455\u0456\u0455 became \u0441l\u0435\u0430r t\u043e \u0435v\u0435r\u0443\u043en\u0435 was th\u0430t they l\u0435nt m\u043en\u0435\u0443 \u0456rr\u0435\u0455\u0440\u043en\u0455\u0456bl\u0443 t\u043e t\u043e\u043e many people. Most of u\u0455, \u0456f \u043eff\u0435r\u0435d the chance t\u043e h\u0430v\u0435 a \u0455\u0440\u0435nd\u0456ng pot \u043ef m\u043er\u0435 m\u043en\u0435\u0443 th\u0430n w\u0435 \u0435\u0430rn in a m\u043enth, would b\u0435 sorely [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":288,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/em.affwebsites.com\/debt\/wp-json\/wp\/v2\/posts\/50"}],"collection":[{"href":"https:\/\/em.affwebsites.com\/debt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/em.affwebsites.com\/debt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/em.affwebsites.com\/debt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/em.affwebsites.com\/debt\/wp-json\/wp\/v2\/comments?post=50"}],"version-history":[{"count":0,"href":"https:\/\/em.affwebsites.com\/debt\/wp-json\/wp\/v2\/posts\/50\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/em.affwebsites.com\/debt\/wp-json\/wp\/v2\/media\/288"}],"wp:attachment":[{"href":"https:\/\/em.affwebsites.com\/debt\/wp-json\/wp\/v2\/media?parent=50"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/em.affwebsites.com\/debt\/wp-json\/wp\/v2\/categories?post=50"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/em.affwebsites.com\/debt\/wp-json\/wp\/v2\/tags?post=50"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}