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"Will We Never Learn?" - Meet Subprime Auto 'Title Loans': 2014's Home ATM 

By: capt_nemo in FFFT3 | Recommend this post (2)
Sat, 27 Dec 14 9:06 AM | 40 view(s)
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Now who would allow this???? hmmmmmmmmmmmmmmmm LOL

ubmitted by Tyler Durden on 12/26/2014 - 19:55

The car is at the center of the biggest boom in subprime lending since the mortgage crisis, and The NY Times reports, similar to how a red-hot mortgage market once coaxed millions of borrowers into recklessly tapping the equity in their homes, the new boom is also leading people to take out risky lines of credit known as title loans. Will we never learn?!!


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http://www.zerohedge.com/news/2014-12-26/will-we-never-learn-meet-subprime-auto-title-loans-2014s-home-atm




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.


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