View Single Post
Old 10-08-2016, 11:29 AM   #113
Amethyst
First Line Centre
 
Join Date: Jul 2015
Location: Calgary
Exp:
Default

Quote:
Originally Posted by Deegee View Post

People need protection from themselves sometimes. I'm not a huge fan of government intervention overall, but I can appreciate that it is needed here.
Totally agree with this! I was out with some friends/acquaintances once and a couple of them were recommending going to a broker, because their banks would only give them one amount, whereas the broker would get them more. The person who can get you into more debt, that you can barely manage, is not necessarily the best.

When I bought my house, I used a broker and he could have got me a mortgage at almost double the house prices that I was looking at. I didn't go anywhere near his amount, because I wanted a life, not just a house I could barely afford. I feel like that is not a common sentiment with most people though.
Amethyst is offline   Reply With Quote