the expense of ill-informed, inexperienced and in some cases poorly educated individuals
many of whom were in minority groups struggling to “find their feet” and establish their
families in the US. As stated by Barak Obama: “And while it’s true that many Americans
took on financial obligations that they knew or should have known they could not have
afforded, millions of others were, frankly, duped. They were misled by deceptive terms and
conditions, buried deep in the fine print.