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Apple Inc. Message Board

  • jpmhedgefund jpmhedgefund May 8, 2013 10:45 PM Flag

    Unsustainable increase in consumer credit, unsound lending practices

     

    Unsustainable increase in consumer credit, unsound lending practices



    3:40 pmby SitalADD A COMMENT
    Stemerman: combination of regulations have led to unintented consequences to unsecured loans.

    3:41 pmby SitalADD A COMMENT
    Stemerman: Consumer debt has exploded, every income group has more than doubled.

    3:41 pmby SitalADD A COMMENT
    Stemerman: Borrowers need to borrow more money to continue their lives.

    This topic is deleted.
 
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