There's an ad campaign on the radio here for some high-risk lending scheme. There is a couple talking about their maxed-out credit cards, rent due, car payment late, etc. "We just need some cash!" Well problem solved! They can borrow up to $5,000, just go to this website!
Rinse and repeat same time next month, until even these lenders will turn them down. Then default on everything and declare bankruptcy. On Tue, Dec 20, 2022, at 08:18, Floyd Thursby via Mercedes wrote: > My ladyfriend worked for a mortgage company up until a few months ago > and she got ejected because things were slowing down. They were writing > dogsh*t loans to people with huge credit card debt, jobs every few > months, no long-term financial stability -- basically Countrywide all > over again. It was crazy. She was glad she got ejected, she was getting > a bad feeling. > > --FT > > On 12/20/22 12:11 AM, Allan Streib via Mercedes wrote: >> Banks making loans to people who don't qualify on any standard debt/income >> ratios -- where have I seen this movie before? >> >> With Carvana about to go over the cliff and CarMax probably not far behind, >> there will be a lot of used cars being liquidated into the market. If you >> need a new car but can wait, I would. > > -- > --FT > _______________________________________ > http://www.okiebenz.com > > To search list archives http://www.okiebenz.com/archive/ > > To Unsubscribe or change delivery options go to: > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
