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Why would someone extend a loan to people based on one-time or limited time stimulus payments?
by stefan_ 4y ago
Why would someone extend a loan to people based on one-time or limited time stimulus payments?
- Rury 4y agoMaybe to take their one-time/limited stimulus payments, and then repossess when people can no longer pay? I'm sure if they felt that they wouldn't be able to repossess, they wouldn't be nearly as incautious in extending the loan.
- cyberge99 4y agoPlus technology and some loan terms enable vehicle location and tracking on later model vehicles.
- jakear 4y agoLoans are assets. It’s free valuation.