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Posts Tagged ‘bad credit’

I’m sure they look at the return on thier investment and the possible profits. How heavy do they weigh the "person" asking for the investment?

Would it be challenging to find an investor to open a second hand store? Does the persons credit matter?
I’m talking about my bad credit.

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Technorati Tags: bad credit, investor, profits, second hand store

First I don’t understand why banks would loan money to someone with bad credit or not having the means to repay. Second I don’t understand why investment companies like Bears Stearns would repurchase the loans from the banks. Securitize them and sell them as bonds. What are they learning at these prestigious business schools? How to be a licensed crook? The credit rating agencies are seem to be payed by not assigning the proper credit ratings. The country is falling apart because people don’t have the discipline to live within there means. Greed is running rampant.

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Technorati Tags: bad credit, banks, bears stearns, bonds, credit rating agencies, discipline, greed, investment companies, loans, money, prestigious business schools