Re: [MBZ] DEBT WUZ: (no subject)

2019-10-23 Thread Curley McLain via Mercedes
Banker wants everything you own as collateral.   Often done when you have more than one loan, like a home loan and a business loan, or a home and a car loan. Best way to steal a house in states where your home is protected in bankruptcy. I learned of it when our ins. agent went under in 1988.

Re: [MBZ] DEBT WUZ: (no subject)

2019-10-23 Thread Craig via Mercedes
On Wed, 23 Oct 2019 17:36:49 -0500 Curley McLain via Mercedes wrote: > Also beware of blanket collateral.    Banker thieves love them.  If > anything goes wrong, you will regret them for sure. Blanket collateral? Craig ___ http://www.okiebenz.com To sear

Re: [MBZ] Debt WUZ: (no subject)

2019-10-23 Thread Curley McLain via Mercedes
True, the buttercups are the entitlement generation.   What you call the "I deserve it" generation is what I call the buttercup entitlement generation. Curt Raymond via Mercedes wrote on 10/23/19 3:57 PM: $20k can buy a brand new car if you're willing to buy a base model. I chalk it up to th

Re: [MBZ] DEBT WUZ: (no subject)

2019-10-23 Thread Curley McLain via Mercedes
Because that is what they have been trained to do.  Mostly by the media and advertising. I learned long ago to use the NEED test.   Do I NEED this?  Or do I merely want it?   If it is a want, is there a cheaper alternative to achieve the same thing? Also beware of blanket collateral.    Bank