View Single Post
Old 08-31-2012, 02:00 PM  
jimmycooper
Confirmed User
 
jimmycooper's Avatar
 
Industry Role:
Join Date: May 2010
Location: Manhattan
Posts: 4,016
The way I see it is that if someone has even the slightest bit of difficulty in making a payment, odds are that it will likely be even more difficult for them to make a larger payment at some point in the future. Not only because of the likelihood that whatever debt woe curing catalyst they're hoping for will never materialize but because from a purely psychological standpoint it becomes easier and easier to screw people over once that cherry gets popped.
__________________

jimmycooper is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote