Page 4 - Teaser Rate News Today : Breaking News, Live Updates & Top Stories | Vimarsana

In the industry that attempt to cloud what the actual picture looks like. - the lenders become very creative in how they can inflate a loan. - what they do is, they give you the teaser rate to start. it's artificially low. - that's right. college lenders are using the classic "first one's free" move, used on everything from streaming services to cocaine-- or so i'm told. but that's not the only trick up their sleeve. - it's a lot of fine print. it's overwhelming. - maybe you make an underpayment one month, and they pyramid your fees until you don't notice. - if you end up defaulting, your wage...

This far. and that they got it. because, frankly, the politics of it don't make a lot of sense as you said. >> no. and, neera, i guess, i mean, it is a washington inside thing to think that, oh, well we get legislation. soon enough, and by the way, maybe it's not soon enough but maybe 2019 or the end of 2019 before middle class americans start to figure out that this was a teaser rate. lots of people got a little tax cut for little while while companies got the biggest tax cut that we have seen in modern history. and at what point and how do democrats capitalize on this? because the president ...

Before middle class americans start to figure out that this was a teaser rate. lots of people got a little tax cut for little while while companies got the biggest tax cut that we have seen in modern history. and at what point and how do democrats capitalize on this? because the president has come out day after day championing this as a middle class tax cut. >> yeah. what's fascinating is donald trump has been, i mean, just to say it, lying about this legislation for months. and the american people saw through this. he said it was a middle class tax cuts. 67% believe it for what it is which is...

>> the president does not want to -- >> he doesn't want to do any cuts there, but you did do cuts in medicaid. >> we did, because he's trying to protect the program. it's on an unsustainable path that will not last. >> joining me now is alley velshi and kareem jean-pierre. ali, you look at the percentage change in after-tax income and you go at that by income, it's clear whether you look at it by percentages or recall numbers, this is a tax cut for the rich. >> we should forget the raw numbers, because it's not relevant because of the income disparity in this country. this is absolutely a tax ...

Is a washington inside thing to think that, oh, well we get legislation. soon enough, and by the way, maybe it's not soon enough but maybe 2019 or the end of 2019 before middle class americans start to figure out that this was a teaser rate. lots of people got a little tax cut for little while while companies got the biggest tax cut that we have seen in modern history. and at what point and how do democrats capitalize on this? because the president has come out day after day championing this as a middle class tax cut. >> yeah. what's fascinating is donald trump has been, i mean, just to say it...