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Perhaps if the stopped giving loans to delinquents, there would be fewer delinquent loans


6 posted on 11/14/2019 2:15:56 PM PST by dsrtsage (Complexity is merely simplicity lacking imagination)
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To: dsrtsage

Yup. I don’t shed tears for creditors who approve bad loans. If they want to lose the shirt off their backs, that’s their business.

These lenders are running a racket that literally leaves them broke the minute money leaves the house.

Nobody should be in the subprime loan market in the first place.


14 posted on 11/14/2019 2:19:11 PM PST by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: dsrtsage

They’re still making a ####ing fortune and who are they kidding??

The interest rates are astronomical on the MAJORITY that are paying off their loan.

The loss is the DIFFERENCE between car value and sale at auction, not a TOTAL loss like credit cards.

Cry me a ####ing river.


17 posted on 11/14/2019 2:23:55 PM PST by dp0622 (Radicals, racists Don't point fingers at me I'm a small town white boy Just tryin' to make ends meet)
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To: dsrtsage
But that would be common sense. Like defending borders, not crapping in the streets and not turning once great cities into vile petri dishes for plague.

I wonder what color the sky is on that world? 🤔😕

88 posted on 11/15/2019 3:30:04 AM PST by Caipirabob (Communists...Socialists...Fascists & AntiFa...Democrats...Traitors... Who can tell the difference?)
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