Wednesday, June 8, 2011

You don't say

"Please be aware that monthly payments of interest only will not reduce the principal owed on your loan."

3 comments:

haphazardmusings said...

Sadly, in our age of financial illiteracy, this statement may be necessary.

Ben said...

What does illiteracy mean?

Elaine said...

Don't you worry your pretty little head about that big ole ugly word, now hear?