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dudeulartv (November 30, 1999 at 12:00 am)
Oh and don't forget you have to work 3 or 4 times as hard for the same money that was worth a few more bucks just a few years back. This is shit.
1234stock (November 30, 1999 at 12:00 am)
mitchfoster43, it's much more complicated then that.
mitchfoster43 (November 30, 1999 at 12:00 am)
These people are getting foreclosed on a house they should have never been approved for in the first place. That's what happens when a bank lends money to a person with a room temperature credit score and stated income.
z28com (November 30, 1999 at 12:00 am)
Nigga please! I am not rich and I have trailers next to me and I am foreclosing. Get your head out of the clouds. Not everyone who forecloses a house is rich.
JonahTorn (November 30, 1999 at 12:00 am)
This just so important. Usery is a crime that can only be committed by the one lending. The borrower may not be wise, butusery is a moral issue in many societies and the Bible for all the Christians out there. The Bankruptcy laws changed what was affordable for people with credit cards who had what the could afford before changes were made in how payments are handled with interest & plus prime insted of a set amount like 2% of the total debt. They can change the rules to ruin a budget.
athfcoz (November 30, 1999 at 12:00 am)
It's ok. And don't worry about any typos. We all make mistakes.
JonahTorn (November 30, 1999 at 12:00 am)
I meant to type the word around not "aroound".In another post I meant oto type "One or two"not "One or tow". I will try not to make so many spelling mistakes in the future and I am very sorry for the typos I have already made.
JonahTorn (November 30, 1999 at 12:00 am)
I was just using Adams County Colorado as a example of things that happen aroound the Country with loans like adjustable rate mortages.
athfcoz (November 30, 1999 at 12:00 am)
I live in florida, not Colorado.
JonahTorn (November 30, 1999 at 12:00 am)
Adams County Colorado has a high rate of forclosures with bankruptcy and some of those homes are one to three bedrooms. One or tow bedroom houses are bought with these flexible rate mortages because that is all some can be approved for, so they do not have to be rich to get the loan, but they need to be rich to keep it. |
