[lovich]

I know, we can't just throw out the concept of a contract with our current society and I don't think there would be a benefit in doing so. However mortgages are something that rarely have side effects surprise the signers. Terms of service seem to surprise the majority of individuals who agree to them, and as the poster above said, the idea that anyone agreeing to them understands what they agreed to is a fiction.

Why terms of service are having a different outcome is something that should be figured out and mitigated. We shouldn't just keep charging forward on something where the outcome is bad for the vast majority of individuals in society, just because we've always done it that way

[hshehehjdjdjd]

> However mortgages are something that rarely have side effects surprise the signers.

I really don’t agree with this. Are you aware of the existence of adjustable rate mortgages?

[fourthark]

Not the OP, but yes I do, and I'd argue that is one of the parameters that most people learn about when they get a mortgage.

The trouble is, with an online service or a phone, we don't even know what the parameters are.

[inetknght]

"EULA and T&C can change without notice to you."

This is, in a nutshell, the problem.

[hansthehorse]

I told the title company handling the closing of my first home, in 1982, that I wanted a copy of every document I'd be asked to sign 3 weeks before the closing date. They told me they had no process for doing that and they would look into it. From that day forward I never went into a real estate closing without a real estate lawyer.

[lovich]

Yes, I have several adjustable rate loans, and they do still surprised people, they just aren't on the level of surprise of nobody even reading it because it's too long and complicated to understand