snailspace
Loves Spam
- Joined
- Jul 27, 2022
- Posts
- 2,332
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They don't take the risk. The government is buying the paper now.Loan officers specifically should not be granting loans to people if they think the loan is too risky.
But it's good that whoever this person is, doesn't seem to give a fuck about their job.
So if people with low credit ratings can’t get credit how does that cost those with high credit ratings more?You are aware of course that yhose with high credit are paying more to subsidize those with low credit, right? Low credit means not worthy of loans,
clearly you are ignorant, educate yourself. dont expect a handout from meSo if people with low credit ratings can’t get credit how does that cost those with high credit ratings more?
What is the mechanism involved?
You’d be one of the least likely people I’d expect or want a handout from.clearly you are ignorant, educate yourself. dont expect a handout from me
They are taking the risk. Another bailout would not be a popular endeavor.They don't take the risk. The government is buying the paper now.