Aielyn said:
Interest is neither a fee nor a charge. You'll be hard-pressed to find instances where they don't tell you the interest rate or the repayment rate, one or the other. They might hide some of the extra stuff, and I abhor that, too. But it's still made clear that you're going to be paying interest. |
I'm simply pointing out that this is really no different than any other contract for a product or service (like cell phones contracts) so there is no reason to single it out above others.