Quote:
Originally Posted by shake
I wouldn't say a scam, but a little shady.
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Why is that?
Quote:
Originally Posted by rowan
Because the model seems to be to attract buyers who are likely to default, when the penalties are a lot harsher than if they had a standard bank loan.
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Sheesh. You really think I would rather the guy not just buy the fucking thing? I am doing him a favor. I am trying to fathom what you have pictured in your mind, but it just is not happening. And what do you think a bank is going to do if you default? You are not getting ANYTHING back from them.
Not sure what harsher penalties you are thinking about. And people likely to default are likely to fuck up the place. Why would anyone want them?