Quote:
Originally Posted by Sly
All I got from this statement was that you think it's okay to default on a loan because some company somewhere was so stupid that they gave out a credit line to somebody that couldn't afford it.
I have a high credit line, too. Way higher than I can "afford." Haven't defaulted yet. Maybe I'll give that a try next year.
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Im saying just because these people may have things doesnt mean they are rolling in cash and collecting welfare. That's the impression the letter tries to give.I never said it was ok to default. But if they didnt give credit away like candy that wouldnt happen. And my sister in law didnt default on that credit card by the way.The banks werent stupid they was greedy.