To: rabscuttle385
The local credit union will have a universal default clause as well. The worst part of the local credit union business - they will cross collateralize your entire debt portfolio. Default on one - they repossess all
regards - red
22 posted on
08/23/2007 3:00:08 PM PDT by
rednek
(if it isn't large caliber, it isn't worth carrying)
To: rednek
The local credit union will have a universal default clause as well. The worst part of the local credit union business - they will cross collateralize your entire debt portfolio. Default on one - they repossess all I have never heard of a credit union that practices universal default.
26 posted on
08/23/2007 3:54:25 PM PDT by
rabscuttle385
(Sic Semper Tyrannis * U.Va. Engineering '09 * Friends Don't Let Friends Vote Democrat * Fred in 2008)
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