Loaning businesses - need your insights

[pop3corn]

Malabo na lending business ngaun unless you cater yun may mga bad credit history. Kse ako Lang sa 5 credit card ko, they practically offer less than 1% interest per month even if I take like 80% of my credit limit. Sabi ko sa inyo, Kung kakagat ako dito makakabili ako ng sta Fe 3rd gen, no processing fee sa dami ng cards ko. Right now, I have used 2 cards na for credit to cash facility. Pag tuna wag call center ng bangko,, 3 days Lang NASA account ko na yun cash

Tapos alam nyo ba kumbakit hyper sila ngaun sa ganyan. Kasi sine-securitize nila yan yan mga loans na yan as CDO (collectible debt obligation) Tapos I-package nila at ibebenta as bond or investment fund na bibilhin ng investors like pension funds or any other institutional investor here or abroad, Tapos I-hedge pa Lalo yan kase Lagyan ng insurance like credit swaps. Yan nga mga car loans, grabe ang multilevel hedging nyan sa financial markets.

So Kung mag-open Lang kayo ng lending business for straightforward lending per customer, Huli na kayo sa balita. You're so 19th century. You know the global meltdown, para sa mga nakakaintindi it was a meltdown, pero sa mga investors, nag-jump kaya ang financial instruments to the value of hundreds of trillions each.

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