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1 posted on 04/04/2013 7:16:08 AM PDT by SeekAndFind
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To: SeekAndFind

This was supposed to be a big deal in the 08 collapse.
But cars loans are a lot shorter, the principal starts reducing pretty much with payment #1, and it’s real easy to re-po a car compared to a house.

So it wasn’t even a tiny fraction of the real estate baloon.

Invest in re-po outfits!


2 posted on 04/04/2013 7:19:27 AM PDT by nascarnation (Baraq's economic policy: trickle up poverty)
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To: SeekAndFind

“Buy here! Pay here! Make weekly payments!”


3 posted on 04/04/2013 8:10:13 AM PDT by moovova
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