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re: Greedy or Generous? What says the OT
Posted on 3/12/14 at 11:32 am to Random LSU Hero
Posted on 3/12/14 at 11:32 am to Random LSU Hero
quote:Damn, did she finance her college education with credit cards? Doesn't she know she can get federal loans at a far reduced rate?
She has 9000.00+ in debt at 15% interest.
Best thing you can do is offer financial advice. Unless she's in great financial stress, stay away from that.
0
Posted on 3/12/14 at 12:00 pm to Random LSU Hero
If its who I think it is, I know you are just trying to help
Posted on 3/12/14 at 12:04 pm to More beer please
Does she owe 9,000 or 90,000? If it is 9K I wouldn't mess with it as the headaches will outweigh the return. How long to you plan to amortize the loan for her?
Posted on 3/12/14 at 12:06 pm to Random LSU Hero
at 7%, your motivation is more profit than kindness, but I guess that is stating the obvious.
Posted on 3/12/14 at 12:08 pm to Random LSU Hero
quote:Not at all. She would get a better deal. Scruffy's dad charged Scruffy's sister interest when he sold her his car. Its the way the world works.
But am I being greedy by requesting any interest?
Posted on 3/12/14 at 12:55 pm to Random LSU Hero
bad move. you are not a bank and can't spread the risk of default out over a large # of loans.
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