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Reply to "Courtesy Calls from Wells Fargo aka Shitheads"
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[quote=Anonymous][quote=Anonymous] The simple loan poster is just not even worth adressing, hopefully everyone here who is responsible for a mortgage payment understands, at the very least, that it is not a simple loan. This was a comcept introduced in high school. [/quote] Except that it wasn't introduced in high school for many people. I'm the poster you say gets it, and I'm also the 2nd poster with a Wells Fargo loan who pays them on the 15th (so I can earn interest on the cash) but I've never been called by them. We need financial education in the schools. DD can take the derivative of a log (useful for calculations involving compounding) but I don't think anyone at her school has taught the difference between simple and compound interest. Schools are too busy I guess.[/quote]
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