Fortunately, FR's growth policy change, this scam and the new CTC scheme may just be enough to tip the balance with the banks (who are already adopting a hard line I understand) to put an end to such degradations of terms.
Hear hear!! Indeed, its impossible to differentiate one source of degradation from the other nowadays. Alas, to see OAA banded in the same paragraph as FR is truly shameful but they're now one of their larger providers of cadets. How the mighty fall.
If the banks stopped lending, the music would stop very rapidly and it would not be untenable to see FTO's (offering such shocking schemes) fold. A blessing in disguise perhaps for the uneducated or grossly misguided.