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Originally Posted by OneHungLo
More bs from bladewire.
Most of these loans bladeliar is referring to are bad loans to people with shit credit. 4.5% of borrowers are 90 days late, down from 5.4% in 2010.
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how convenient to cite 2010 as your year for comparison right after the 2008 crisis...why not site say 2015? oh right...it would look bad
Quote:
Originally Posted by OneHungLo
These are based on these subprime type loans. Doesn’t have much at all to do with our economy. Other loans to people with average or above average credit are fine.
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oh so the well off have no problems paying loans?
problem solved then! lets just disregard the problematic part and focus on the rich
