3 ms·
The moral hazard involved [wait 181 days for them to sell it on all debts] is huge. Its a workable system if and only if you are willing to basically cut off c
by opendais 12y ago
The moral hazard involved [wait 181 days for them to sell it on all debts] is huge.
Its a workable system if and only if you are willing to basically cut off credit for anyone who hits that 181 days on a debt milestone. Because no one will loan to them again for years.