Friday, December 06, 2013

Car and Student Loans Account for 95% of All Consumer Credit Issued in Past Year


Now, let me get this straight. 95% of all "Consumer Loans" were issued to students, who have no credit score and no future job prospects, and individuals, who purchased new cars with a credit score below 659, which, which-by-the way, is considered sub-prime.  Oh, this is going to end so very well.  Once again, I know what you are thinking; and I agree.  Why?  Because none of my economic/financial rants matters to anyone until they matter to everyone.

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