Stupid Subprime Product

nhboy

Ubi bene ibi patria
"I often wonder about the irony of subprime lending - whether it’s made available through mortgage or through credit cards or through any other source of credit. I mean, people with bad credit are the very people who should be staying away from subprime borrowing. These people are already in the subprime category because of financial troubles and then there are these stupid (and very likely, unaffordable) subprime products targeted at them - which have the potential to throw them deeper down the financial hole. Here is one such stupid subprime product - the Continental Finance MasterCard. It’s hard to believe that this piece of plastic comes with an initial credit limit of just $53 after a long list of fees!"
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wkndbeacher

Guest
BS Gal said:
I wonder how many boring effin threads you are gonna start here.

I find it interesting that every negative thing about the mortgage industry is posted by the same ppl time and time again. :popcorn:
 

whoRU??

New Member
wkndbeacher said:
I find it interesting that every negative thing about the mortgage industry is posted by the same ppl time and time again. :popcorn:


My mortgage officer was terrific! :yay:
 

whoRU??

New Member
wkndbeacher said:
Thats wonderful news.


I had my nail bitting moments as the house was being built...at first an incompetent financial institution was helping me (don't want to blast them for sucking but it was WEICHERT FINANCIAL!!!) Thank you to National City Mortgage. that scored a big touch down in the 4th QTR.
 

refi-rep

New Member
whoRU?? said:
I had my nail bitting moments as the house was being built...at first an incompetent financial institution was helping me (don't want to blast them for sucking but it was WEICHERT FINANCIAL!!!) Thank you to National City Mortgage. that scored a big touch down in the 4th QTR.


Very nice, I ve heard some good things about National. I love to hear about the honest fellow co-workers in the mortgage industry. Glad you got a touch down! :yay:
 
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