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re: Loan forgiveness in question - loans may have to be paid back, it's like, really scary

Posted on 6/27/17 at 9:22 am to
Posted by PaperTiger
Ruston, LA
Member since Feb 2015
23086 posts
Posted on 6/27/17 at 9:22 am to
I wouldn't go that far. My problem is the ability to take out huge loans without the intention of paying it back. Didn't they (lenders) learn anything from the housing crisis?
Posted by Hickok
Htown
Member since Jan 2013
2877 posts
Posted on 6/27/17 at 10:22 am to
quote:

Didn't they (lenders) learn anything from the housing crisis?

Yep they learned to loan out as much money as possible and when it fails the government will bail them out.
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