HOLY FUCK BENNY AGAIN
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Puff Puff Pass - The Underground Legere Thread
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Still applies. If I can't afford say $2000 a month now, will I be able to in 3 or 5 yrs? Prolly not. so I wouldn't do it. Yes there was predatory lending practices, but who signed the loan?Originally posted by Ned Hardly View PostProblem is, most of those loans were ARMs and could be afforded at first, but over time they weren't able to keep up with the payments.Originally posted by SJnah milk's right.
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I'm not arguing with you Milk, but the lenders were preying on people that weren't smart enough to figure out the they are renters, not owners. They knew what they were doing and they knew that there would be people stupid enough to jump in blindly. It's a big circle.Originally posted by milkman View PostStill applies. If I can't afford say $2000 a month now, will I be able to in 3 or 5 yrs? Prolly not. so I wouldn't do it. Yes there was predatory lending practices, but who signed the loan?WHO DEY
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SJ


Mugsy
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