Forgiveness of Loans Would be Inexcusable
- Share via
How outrageous an idea that if you are stupid enough to get ripped off by a loan shark, you don’t have to repay (“State Sues to Void ‘Instant Loans’ by Wells Fargo Unit,” Jan. 10).
I would fully agree that all interest should be deferred, maybe even the repayment going into the state coffers, but to forgive a loan fully is insulting to anyone smart enough to avoid that loan.
Ben Boorman
Compton
More to Read
Sign up for The Wild
We’ll help you find the best places to hike, bike and run, as well as the perfect silent spots for meditation and yoga.
You may occasionally receive promotional content from the Los Angeles Times.