Yes... unless the borrower makes it too difficult to repay... then screw them.
Like, here, let me put it like this. If you actually were to figure out a way that you could end up better off by breaching contracts with banks, you should do it, then you should do it over and over and over again as fast as you can for as long as you can until they fix whatever flaw in their contract you've caught on to. Nobody would hate you or think you're unethical, people would see you as a really clever businessperson- the kind of guy you want on your side when you're in a complex negotiation. The banks you were beating wouldn't be offended by your actions, they'd be wining and dining you to try to get you to work for them. Just like the opposing basketball team's coach would respond if you were really good at faking his players into thinking that you were going one way when you went the other way.
Now, one can certainly make an argument, and I would agree, that we should bring real morality to business. We should only buy from companies that are socially responsible, avoid companies that pollute, give portions of our profits to charities, extend opportunities to disadvantaged people, and so forth. Those things all do make the world a better place, and there isn't nearly enough of that in business.
Last edited by tuhaybey; 01-24-15 at 08:58 PM.
I'm tired of the "more holy than thou" types. Morality is not a one size fits all kind of thing. Context matters. Lying can be bad, but it can also be necessary and even good. Even killing is not wrong in all situations. So get off your damn high horse and stop seeing the world in 2d.