Bank of Opportunity (To Slit Your Own Throat)
Good friend Michael wrote an interesting take on where to place the blame for the current real-estate crisis. Read his article, and then my comment below it--consider it canon.
Good friend Michael wrote an interesting take on where to place the blame for the current real-estate crisis. Read his article, and then my comment below it--consider it canon.
2 comments:
Tangentially related: A couple months ago, I refinanced the debt I'd racked up on my credit card using a peer-to-peer micro lending site (www.lendingclub.com). Interest rate's much better, and so far the experience has been pretty positive.
That'll teach me to live like I don't qualify for food stamps!
Wow! I'd never even heard of Lending Club, but that is exactly what I was talking about. Now, multiply that by about 100, and suddenly, banks are going to have to work a lot harder to earn our loans (and 25% interest rates aren't going to do it).
Post a Comment