4 ms·
Doesn’t really matter. The borrower is still on the hook for the balance after sale.
by jagged-chisel 1y ago
Doesn’t really matter. The borrower is still on the hook for the balance after sale.
- scotty79 1y agoThe borrower didn't have the money to pay. Being "on the hook" doesn't mean much if you simply don't have any money. It's a mini sub-prime in the making.