If there’s one refrain heard over and over again from homeowners struggling to fight foreclosure in the sub-prime mortgage crisis, it’s this:

“If I had any idea that the loan would turn out like this, I would have never signed it.”

Unfortunately, it is your responsibility to read the fine print on your own loans. If you don’t understand something, don’t sign it! Take some time to learn about money before committing to a big loan that you might not be able to pay back later. Otherwise, you open yourself up to be taken advantage of. Read more