I heard on the radio this morning that in the US, banks were giving people mortgages for homes without even checking their credit or source of income.
They were giving loans to people who were buying homes in which they could not afford. Then they had to foreclose on these homes and the banks were stuck with them. Plus, do these bank executives need to make millions of dollars a year, and also some with signing bonuses in the millions.
I wish it had been that easy when i was buying a car.
They were giving loans to people who were buying homes in which they could not afford. Then they had to foreclose on these homes and the banks were stuck with them. Plus, do these bank executives need to make millions of dollars a year, and also some with signing bonuses in the millions.
I wish it had been that easy when i was buying a car.