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- Xref: sparky misc.consumers:14284 alt.folklore.urban:19416
- Path: sparky!uunet!haven.umd.edu!darwin.sura.net!mips!bridge2!slinky.NSD.3Com.COM!bobk
- From: bobk@ESD.3Com.COM (Bob Konigsberg)
- Newsgroups: misc.consumers,alt.folklore.urban
- Subject: Re: Banks + Short Term Car Loans = Scam?
- Message-ID: <bobk.711815060@slinky.NSD.3Com.COM>
- Date: 22 Jul 92 14:24:20 GMT
- References: <9207161638.AA20853@mailbox.mail.umn.edu> <BrHrsn.2uo@mail.boi.hp.com> <1992Jul19.201037.11634@sneaky.lonestar.org>
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- I'm overall inclined to disagree with the idea of banks closing on loans
- just to sell a house/car to make money. Banks (at least the bankers I've
- known) don't want to be in that business. I'm sure that there are some slime
- balls out there, but (especially in a sluggish economy), a bank doesn't want
- to be in the position of being stuck with a house/car/boat etc. If it doesn't
- sell quickly (why they sell cheap), they are stuck with maintenance/storage costs.
-
- BobK
- --
- This is a signature file. Let's see if it gets there.
-