Author Topic: The Bond Bubble  (Read 10617 times)

Offline Kings

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Re: The Bond Bubble
« on: November 16, 2018, 08:10:00 AM »
Global debt bubble?  You don't say.

I went to my credit union 2 weeks ago to get a loan to buy a vehicle.  I told them I wanted to borrow "about $30k".  They approved me for a $50k used car loan on the spot and they NEVER ran my credit. I am 100% serious.  Other than the mortgage, I haven't had a loan since 2008, so it's not like I have any meaningful payment history with them.

When money is that easy to borrow there are bound to be problems.

Can I ask what rate they quoted you? :)

and which credit union is handing out loans like candy? daddy needs a new ride...

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