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Benji

08/30/13 11:57 AM

#6813 RE: bouttime #6812

I have to disagree, do you see how many ads out there for loan approval if you have bad or no credit? You can pretty much drive a brand new car out of the lot without any credit.
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rlarrr0043

08/30/13 11:59 AM

#6815 RE: bouttime #6812

A few years ago? Has our economy gotten worse? If he was able to borrow a half a million dollars then...they would have no problem doing it now.....
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Big Enos Burdett

08/30/13 12:35 PM

#6825 RE: bouttime #6812

That was 2009, during the height of the meltdown. If you can borrow one dollar then you can borrow 2 dollars. If you can borrow 2 dollars then you can borrow 4 dollars etc..... There are many investors out there who are sitting on large sums of cash looking for a place to put it. We don't know what the terms are for FLST financing, it may be a subprime loan with a high rate of return in which case someone may be willing to risk some cash.