Author Topic: this might happen  (Read 454 times)

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kimba1

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this might happen
« on: December 02, 2011, 10:35:21 AM »
I often hear banks are too difficult giving out loans lately. then I remember how jews and chinese made massive amounts of money all over the world. easy credit. meaning eventually foreign businesses will give loans to americans . it`s quite common globally for local banks to not give loans to it`s own people.america is simply catching up with the world.

Xavier_Onassis

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Re: this might happen
« Reply #1 on: December 02, 2011, 02:07:56 PM »
If you agree to astronomical interest rates, you can get a loan. Payday advance loans can charge over 100% annually. But such loans are not useful to businesses, since there is no way that any business could pay such high rates.
"Time flies like an arrow; fruit flies like a banana."