To: christx30
Typical drive-by posters...don’t know a damned thing.
It it were your own money you were lending, wouldn’t you want to find out ways to ‘stop the bleeding’...stop losing money to all the small businesses going bankrupt?
I know several people that had high credit ratings and in six months they were filing bankruptcy.
Bad stuff happens.....and sometimes it happens quickly.
It’s smart business sense to reevaluate the risks.
9 posted on
03/09/2009 5:05:37 AM PDT by
DCPatriot
("It aint what you don't know that kills you. It's what you know that aint so" Theodore Sturgeon))
To: DCPatriot
I know several people that had high credit ratings and in six months they were filing bankruptcy. Then how are tax returns from 3 years ago going to help?
10 posted on
03/09/2009 5:07:57 AM PDT by
Sloth
(The tree of liberty desperately needs watering.)
To: DCPatriot
Bad stuff happens.....and sometimes it happens quickly. It's smart business sense to reevaluate the risks. How does looking at a 3 year old tax return help?
11 posted on
03/09/2009 5:08:48 AM PDT by
palmer
(Cooperating with Obama = helping him extend the depression and implement socialism.)
To: DCPatriot
It it were your own money you were lending, wouldnt you want to find out ways to stop the bleeding...stop losing money to all the small businesses going bankrupt?
My thought is that if you are concerned enough about a customer, or know so little about them, that you find it necessary to have them send their private tax information to India........you probably shouldn't lend to them in the first place.
32 posted on
03/09/2009 5:40:21 AM PDT by
Arkinsaw
To: DCPatriot
Its smart business sense to reevaluate the risks.No argument there, but it will be a cold day in H$ll before I send them 3 years of tax returns so they can "review" them. There is a lot more info on a tax return than simply gross income. And none of it is any of their business.
44 posted on
03/09/2009 6:39:54 AM PDT by
lafroste
(gravity is not a force. See my profile to read my novel absolutely free (I know, beyond shameless))
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