Thats right.
When a lender (bank) gives you credit they are not doing it for your benefit.
Their motive is profit, they are taking a risk on you as a debtor for their own gain.
They are betting on you to pay back plus interest, they are gambling.
When you stiff a bank all you are doing is telling them their wager on you as a debtor has been graded as a loss.
Its all part of the game of capitalism.
When a lender (bank) gives you credit they are not doing it for your benefit.
Their motive is profit, they are taking a risk on you as a debtor for their own gain.
They are betting on you to pay back plus interest, they are gambling.
When you stiff a bank all you are doing is telling them their wager on you as a debtor has been graded as a loss.
Its all part of the game of capitalism.