Crazy Evil Underbelly of Bank Lending Quick story:
Last year for a non collateral personal loan I could get $150K at 8.9%.
In March, I could get $120K at 12.9%.
Right now took a peek at I'm $100K at 14.9%.
By the end of the year, it should be maybe $70K at 21%+.
"So what Noodles??? Means jack shit!!!"-GW Bullies
No it means that banking industry is expecting a small collpase and is refusing to loan money out since it figures...
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