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Thread
:
Think the Credit Crunch WON'T Effect you? THINK AGAIN
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11-01-2008, 11:59 PM
Bravestarr
Banned
Join Date: Aug 2008
Location: USA! USA! USA! USA! USA!!!!
Posts: 2,414
Quote:
Originally Posted by
QBERT
yea, credit today is finished. You won't even get approved if you are not at least a 750. I only know one person who is a 850, and he got pre-approved for $250,000 ($350, 000 if he really wanted it).
There are legit reasons for being bankrupt or unable to pay your bills. Not everyone is a crook, but there are a lot out there, especially big business and all the people who got that bailout money. Everyone knew they were going to not use that money for the right reasons, it made those criminals even more millions.
This system is sad...the rich work hand in hand with goverenment.
Granted that is part of the problem, you leave out the fact that Fannie Mae and Freddie Mac worked closely with ACORN and other criminal organizations to strong-arm banks into providing loans to people who don't qualify for them.
This was a staple tactic of race hustlers during the 1990s and beyond.
Bravestarr
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