Re: Where do debtors come from?

Posted by BPK (66.24.36.240) on May 22, 2004 at 18:11:44:

In Reply to: Where do debtors come from? posted by Cavalry person on May 22, 2004 at 13:43:28:

You know, this person probably doesn't REALLY work for a CA. However, I would make one point: There is an inherent risk to lending money. That's why we have credit reports, long, long loan apps. and many hoops to jump through in order to receive any serious credit. The creditors who lend money know this better than any of us, so when they lend unsecured money to people who can't afford to pay it back, they know it is a gamble, NOT an investment! I'd love to sue the state for all of my lottery losses back! Some things will never make any sense.

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