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Started By
Message
The credit issue with consumers just might be 30 million illegals added to the mix
Posted on 12/9/25 at 1:49 am
Posted on 12/9/25 at 1:49 am
You ever been to a 3rd world country? You know where the largest furniture warehouses in world are? The back of "rent to own" stores after the holidays.
You think all those illegals paid cash for those f150s and big screen TVs
You are looking at debt as credit card, there are a lot of other kinds, particularly for people in the aforementioned category, high risk, high interest.
You think all those illegals paid cash for those f150s and big screen TVs
You are looking at debt as credit card, there are a lot of other kinds, particularly for people in the aforementioned category, high risk, high interest.
4
Posted on 12/9/25 at 6:49 am to trinidadtiger
I’m not sure what all this means.
Posted on 12/9/25 at 6:52 am to OysterPoBoy
I think he's saying illegals being deported will have negative consequences on multiple consumer sectors that rely heavily on consumer financing to sell merchandise.
Posted on 12/9/25 at 7:51 am to SlowFlowPro
FAFO for those credit issuing businesses.
Posted on 12/9/25 at 8:11 am to DarthRebel
quote:
FAFO for those credit issuing businesses.
Nah, the risk is priced into it. There's a reason that armoire that retails for $499 is only 72 monthly $19 payments.
quote:
For context: Since 2007, Tricolor has specifically marketed to customers excluded from traditional banking systems, like undocumented immigrants.
But the business of underwriting loans for this cohort (typical among smaller subprime lenders) has become riskier during President Donald Trump’s second term.
In a bond deal this year, Tricolor disclosed that 68% of its borrowers had no credit score, and over half didn’t hold a driver’s license.
Still, the main reason for Tricolor's collapse seems to be the alleged fraud, which is now being investigated by the Department of Justice.
Now that is FAFO.
Posted on 12/9/25 at 8:39 am to LemmyLives
Businesses preying on people with bad credit and enabling illegal activity should face harsh consequences
Posted on 12/9/25 at 9:04 am to SlowFlowPro
illegals being deported will have negative consequences on multiple consumer sectors that rely heavily on consumer financing to sell merchandise
ya sleep with whores.......
ya sleep with whores.......
Posted on 12/9/25 at 9:05 am to pizzathehut
quote:Good
illegals being deported will have negative consequences on multiple consumer sectors that rely heavily on consumer financing to sell merchandise
Posted on 12/9/25 at 5:31 pm to trinidadtiger
Pretty sure Aaron’s going belly up won’t affect majority of us
Posted on 12/9/25 at 5:33 pm to trinidadtiger
quote:
credit issue with consumers just might be 30 million illegals
Better hope not. That’s a whole lot of defaults.
Posted on 12/9/25 at 5:44 pm to OysterPoBoy
quote:
I’m not sure what all this means.
We need a decoder ring for some of these damn threads lately.
Posted on 12/9/25 at 7:16 pm to Upperdecker
quote:
Businesses preying on people with bad credit and enabling illegal activity should face harsh consequences
It's the hard reset we need, and actually deserve.
Posted on 12/9/25 at 7:19 pm to trinidadtiger
quote:
You ever been to a 3rd world country? You know where the largest furniture warehouses in world are? The back of "rent to own" stores after the holidays.
You think all those illegals paid cash for those f150s and big screen TVs
You are looking at debt as credit card, there are a lot of other kinds, particularly for people in the aforementioned category, high risk, high interest.
Remove 20-30 million illegals and home prices drop, jobs become uber plentiful, that's when 10-15 million American citizens can get off their asses and get to fricking work......a lot of economic problems in the US would be solved.
Posted on 12/9/25 at 7:54 pm to Bass Tiger
quote:
Remove 20-30 million illegals and home prices drop, jobs become uber plentiful, that's when 10-15 million American citizens can get off their asses and get to fricking work.
Good luck with that…..haha
Posted on 12/9/25 at 10:25 pm to Clark14
quote:
Remove 20-30 million illegals and home prices drop, jobs become uber plentiful, that's when 10-15 million American citizens can get off their asses and get to fricking work.
Good luck with that…..haha
I can't disagree with your post, there are too many who believe the way you do to reverse the course we're on.
Posted on 12/9/25 at 10:33 pm to LemmyLives
quote:
quote:
FAFO for those credit issuing businesses.
Nah, the risk is priced into it. There's a reason that armoire that retails for $499 is only 72 monthly $19 payments.
quote:
For context: Since 2007, Tricolor has specifically marketed to customers excluded from traditional banking systems, like undocumented immigrants.
But the business of underwriting loans for this cohort (typical among smaller subprime lenders) has become riskier during President Donald Trump’s second term.
In a bond deal this year, Tricolor disclosed that 68% of its borrowers had no credit score, and over half didn’t hold a driver’s license.
Still, the main reason for Tricolor's collapse seems to be the alleged fraud, which is now being investigated by the Department of Justice.
Now that is FAFO.
How much you wanna bet they have a shite ton of lobbyists and all are “D” voters
Posted on 12/9/25 at 11:24 pm to Upperdecker
quote:
Businesses preying on people
Yep, because those people are forced to go buy a new couch.
That’s so idiotic.
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