I didn't think that things could be more complicated in the world of finance with a dearth of products and services designed to try and extract as much money from people as possible. Today I learned about this "collared" loan product.

Things seem to be simpler here. It is much more obvious that you are getting reamed by financial institutions, and it is plain in view on their balance sheets. The "nice" things they did during COVID lockdowns to try and seem charitable to most people actually will, in the long run, extract more profit from those people.

And now with interest rates skyrocketing, it is a double pay day for those banks. It is really misleading conduct that regulators don't seem to care about. That is depressing, because here, financial literacy is very low indeed.

I'm really glad that you were adamant to take advantage of the stay on interest rates, and I'm also really glad that your stroke wasn't more serious. I don't think I ever formally said that; but it was always thought.