Archives by Tag ' consumer defense '

Oct 29, 2008

All Funny Money loans are subject to attack: Credit Cards, Auto Loans, Student Loans, ANything with no money down, a teaser rate or no payments until 2-3 later

The New York Times Story Below shows the coming wave of defaults and additional credit problems to hit. Think about it — where did the money come from for those teaser rates at 0% on credit cards for one year or more. It came from investors who thought they were buying a performing asset at […]

Tags: consumer defense, foreclosure defense, securitization loans
Posted in Eviction |