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1 posted on 09/05/2012 2:22:25 PM PDT by blam
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To: blam

21 to 29.99 APR.

Some deal.


2 posted on 09/05/2012 2:25:23 PM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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To: blam

Well, looks like the REPO BUSINESS will be good to get into pretty soon...........


3 posted on 09/05/2012 2:28:39 PM PDT by Red Badger (Anyone who thinks wisdom comes with age is either too young or too stupid to know the difference....)
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To: blam

Who exactly is issuing these sub prime auto loans? I’ve read that Ally Financial (formerly GMAC) is giving loans to anyone who can fog a mirror in order to pump up GM sales.


4 posted on 09/05/2012 2:36:55 PM PDT by RightOnTheBorder
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To: blam

A second Obama term would be a Golden Age.

For the repo business.


5 posted on 09/05/2012 2:38:37 PM PDT by Buckeye McFrog
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To: blam
There's nothing wrong with sub-prime lending. In fact, it's a great thing for certain borrowers and certain lenders in certain situations.

The problems arise when the originating lender floats the paper and Goldman Sachs wraps it up in bonds then sells it to school districts and municipalities.

8 posted on 09/05/2012 5:16:59 PM PDT by AAABEST (Et lux in tenebris lucet: et tenebrae eam non comprehenderunt)
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To: blam

That explains all the new Chevy’s I see driving around town.


9 posted on 09/05/2012 5:20:24 PM PDT by Rebelbase (The most transparent administration ever is clear as mud.)
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