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Old 05-17-2019, 04:43 PM
 
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Quote:
Originally Posted by boxus View Post

No, they do not have to give high risk, low reward loans or die.
If that is what it takes to grow, that is exactly what they will do. We have seen it before.
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Old 05-17-2019, 04:51 PM
 
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Originally Posted by pknopp View Post
If that is what it takes to grow, that is exactly what they will do. We have seen it before.
When have we seen it before?
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Old 05-17-2019, 05:03 PM
 
79,907 posts, read 44,199,011 times
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Quote:
Originally Posted by boxus View Post
When have we seen it before?
We are seeing it now.

https://www.bankrate.com/mortgages/f...-requirements/
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Old 05-17-2019, 05:12 PM
 
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Quote:
Originally Posted by pknopp View Post
Sigh...not even the same subject. This discussion is regarding non-collateralize lines of credit such as credit cards. There is a reason why your CC rate will always be higher than a rate say on a car loan.
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Old 05-17-2019, 05:26 PM
 
79,907 posts, read 44,199,011 times
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Quote:
Originally Posted by boxus View Post
Sigh...not even the same subject. This discussion is regarding non-collateralize lines of credit such as credit cards. There is a reason why your CC rate will always be higher than a rate say on a car loan.
It shows that when growth is needed, requirements drop.
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Old 05-17-2019, 05:32 PM
 
18,069 posts, read 18,818,113 times
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Quote:
Originally Posted by pknopp View Post
It shows that when growth is needed, requirements drop.
Again, different subject. Those are loans that have collateral, which is different than a non-collateral line of credit. You seem not to understand this.
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Old 05-17-2019, 05:40 PM
 
79,907 posts, read 44,199,011 times
Reputation: 17209
Quote:
Originally Posted by boxus View Post
Again, different subject. Those are loans that have collateral, which is different than a non-collateral line of credit. You seem not to understand this.
I do. It doesn't matter. When you are publicly traded, it's grow or die.
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Old 05-18-2019, 06:50 PM
 
1 posts, read 108 times
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Thumbs down Stupid Politicians

Bernie Sanders and Senorita Octavio Cortez don't know their brain from their Hatred of Americans!! Socialism has killed millions.
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