Loan =/= salary contract
Originally Posted by rdsesq
Let me ask you a question.
You get a home loan at 4.5% fixed over 30 years. 10 years into the loan, the bank comes to you and says "Hey, we really shouldn't have made that loan and we are not profitable anymore because making these type of loans. We want you to re-fi your house back to us at 8.75% so we can make a profit. How about it?"
What are you gonna tell the bank?
"Man is the religious animal. He is the only religious animal. He is the only animal that has the True Religion – several of them. He is the only animal that loves his neighbor as himself and cuts his throat, if his theology isn’t straight. He has made a graveyard of the globe in trying his honest best to smooth his brother’s path to happiness and heaven."
Last edited by bimmerfan08; 12-13-2012 at 03:58 PM.