But if the banks don't have as many defaults, won't htye be able to lower their rates? IOW, if they can predict that of the likely percentage of bad debt another certain likely percentage will return to them that woudl not have returned to them before, they won't need to allow for that in their rate setting, right?
I was not abiug fan of some of the changes that were made to the law, but I am not sure if that is terribly persuasive to me. I am sure you will tell me why I am worng, however.
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Sorry for th e tpyos.
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