Tidbit to all the loan offer affiliates:

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symptic

I run companies.
Nov 9, 2007
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Austin, TX
Keep in mind that with the economic catastrophe lately that loans are harder to secure. Even if your credit history is perfect, you might still be denied a loan of sorts. In the late 90's the Clinton administration basically pushed for credit to be available to almost anyone, so we (as the American people in general) began taking loans we couldn't repay on houses we couldn't afford. TechCrunch covers it in better (but still insufficient) detail:

How The U.S. Government Engineered The Current Economic Crisis

Keep this in mind when marketing your offers.
 


Keep in mind that with the economic catastrophe lately that loans are harder to secure. Even if your credit history is perfect, you might still be denied a loan of sorts. In the late 90's the Clinton administration basically pushed for credit to be available to almost anyone, so we (as the American people in general) began taking loans we couldn't repay on houses we couldn't afford. TechCrunch covers it in better (but still insufficient) detail:

How The U.S. Government Engineered The Current Economic Crisis

Keep this in mind when marketing your offers.

Before it becomes political, you should read the comments - Michael took a very simplistic view in laying all the blame on Clinton's feet.

There are other areas such as other lenders pushing unsavory loans (regardless of Clinton's posturing), the breakdown of the Depression-era separation laws, etc etc.
 
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