Replies: 31
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All-TigerNet [11064]
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Those of you who paid your bills and worked hard to maintain
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May 2, 2023, 8:25 AM
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excellent credit are now invited (required) to pay MORE for mortgage loans in order to assist those who were not as thrifty as yourself.
Apparently, it's the new "American Way".
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CU Medallion [67865]
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Re: Those of you who paid your bills and worked hard to maintain
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May 2, 2023, 8:32 AM
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and this surprises you how??
We are rapidly moving to third world country status.
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Orange Blooded [2848]
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I don't believe third world countries are this insane.***
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May 2, 2023, 9:08 AM
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All-In [44055]
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CU Medallion [53830]
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No....it came to me
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May 2, 2023, 9:48 AM
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..
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Legend [19766]
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POTD
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May 2, 2023, 9:55 AM
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That is funny. 😉👍🏻
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CU Medallion [64593]
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and sadly, they're still coming !!!!***
May 2, 2023, 10:43 AM
[ in reply to No....it came to me ] |
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Orange Blooded [4020]
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Drop the mike!
May 2, 2023, 1:10 PM
[ in reply to No....it came to me ] |
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You told it to the judge🤣
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CU Medallion [64593]
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Bidenomics strikes again...
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May 2, 2023, 8:32 AM
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This clown wants to rewrite the rules of the economy so those who have spent a lifetime working hard, paying their bills timely, and establishing good credit now have to pay more to support those who have spent a lifetime being less fiscally responsible.
If anyone thinks this practice will stop with mortgages, they're fooling themselves. Pretty soon it will be cars, boats, motorcycles, RV's, and vacation homes. After all, just because you can't afford those things doesn't mean you don't deserve them and shouldn't have them (rolling eyes).
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All-TigerNet [10965]
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Re: Bidenomics strikes again...
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May 2, 2023, 8:54 AM
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The Demoncrats won't be happy until everyone is suppressed and America is destroyed. The sad part is that they can't see that the poorer they make Americans, the sooner they will be broke.
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110%er [7018]
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Joined: 11/21/99
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Re: Those of you who paid your bills and worked hard to maintain
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May 2, 2023, 8:46 AM
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working hard and paying bills getting less and less appealing
wonder if we will get forced labor after everyone is totally broke and dependent
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110%er [9203]
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Re: Those of you who paid your bills and worked hard to maintain
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May 2, 2023, 8:48 AM
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Are you just referring to the rising interest rates or am I missing something else?
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Legend [17805]
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Re: Those of you who paid your bills and worked hard to maintain
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May 2, 2023, 8:57 AM
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There is something else that was announced a few weeks back…something something those with better credit pay an extra quarter on new loans that goes towards supplementing those with lesser credit or something like that
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Commissioner [929]
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Re: Those of you who paid your bills and worked hard to maintain
May 2, 2023, 11:19 AM
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You’re being disingenuous when you say an extra quarter. It’s a lot more than a quarter.
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All-TigerNet [11064]
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110%er [9203]
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Re: Those of you who paid your bills and worked hard to maintain
May 2, 2023, 10:58 AM
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Yikes.
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CU Medallion [53830]
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You are not keeping up. Biden is going to add to your
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May 2, 2023, 9:52 AM
[ in reply to Re: Those of you who paid your bills and worked hard to maintain ] |
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Mortgage payment if you have good credit so you can HELP those they have bad credit ....Back in the day...if you had bad credit and wanted to buy a home you paid a higher interest rate and or PMI until you could prove you were going to make your payment in time...Now ....IT IS DADGUM REVERSED!
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110%er [5289]
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Re: Those of you who paid your bills and worked hard to maintain
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May 2, 2023, 9:00 AM
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What did I miss? Interest rates went up due to an attempt to control inflation.
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Oculus Spirit [77033]
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Joined: 12/1/18
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A lot.***
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May 2, 2023, 9:01 AM
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Rock Defender [61]
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Joined: 3/29/23
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Re: Those of you who paid your bills and worked hard to maintain
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May 2, 2023, 9:05 AM
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LET'S GO BRANDON!!!
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Orange Blooded [4498]
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Re: Those of you who paid your bills and worked hard to maintain
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May 2, 2023, 9:24 AM
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Punishing producers. It’s deliberate.
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Orange Blooded [4718]
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Re: Those of you who paid your bills and worked hard to maintain
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May 2, 2023, 9:28 AM
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Actually, that is just the opposite of the "American way" and is Soviet style redistribution of wealth. The eggheads who teach this in our universities have obviously never lived under this system and have never achieved out in the real world. They are destroying our country and they know it.
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Team Captain [473]
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Re: Those of you who paid your bills and worked hard to maintain
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May 2, 2023, 9:33 AM
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Tigernet has got some pretty good commentary on here.
Yeah my dad, who has worked very hard his whole life and out away several mil (was an air force then airline pilot then airline management now has his own little LLC doing consulting) is VERY concerned about losing everything.
I don't know what to tell him. Put it all into real estate is the only way I know how he can shield his wealth. Real estate still has amazing tax benefits. Hopefully that doesn't go away.
It's terrible folks. Penalizing the producers and rewarding the non producers is the way to the dole for everyone.
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All-TigerNet [10640]
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Re: Those of you who paid your bills and worked hard to maintain
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May 2, 2023, 9:39 AM
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I guess the 2008 housing bubble was not bad enough for them, so they want to repeat it. Although the cause of it in 2008 was mostly sub-prime loans, it still amounted to selling houses to a lot of people who could not afford to own homes. You are not doing people a favor who can't afford to own a home by making something available they can't afford. It reminds me of people who never ask the price of a car ....... only what the down payment is.
Message was edited by: TigerLinks®
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Scout Team [161]
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Posts: 179
Joined: 6/19/03
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pay in cash.
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May 2, 2023, 9:40 AM
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problem solved
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CU Guru [1041]
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Posts: 1237
Joined: 8/4/03
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Amazing... Did we not learn anything from 2008?
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May 2, 2023, 9:45 AM
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which started by giving loans to anyone for any reason. And then finished off by the bankers with CDO's and derivatives. "oh we bankers don't need regulations!!" if the banking industry would have at least a few morals, then we wouldn't have to regulate. We have GOT to have someone other than Biden and Trump. Please Lord, deliver our people from making this mistake again.
Defund the entertainment media.
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CU Medallion [53830]
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It is total bull $@!#....it ranks right up there with roll back taxes..***
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May 2, 2023, 9:47 AM
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Athletic Dir [876]
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Re: Those of you who paid your bills and worked hard to maintain
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May 2, 2023, 9:53 AM
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Yes it is stupid. It only pertains to people going the FHA route for mortgages. If you do a conventional mortgage then you’re still rewarded for having great credit and laying down a nice down payment.
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Heisman Winner [111710]
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Posts: 73798
Joined: 9/10/03
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this sound like a difficult puzzle
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May 2, 2023, 10:13 AM
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to solve for the logically challenged. I will give you a hint, there are far more upsetting things happening to you right now.
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110%er [5694]
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Joined: 9/28/08
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Re: this sound like a difficult puzzle
May 2, 2023, 1:03 PM
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Translation: the people I voted for are ufcking you over in other ways that will hurt you even more.
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All-In [26514]
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Joined: 9/2/02
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Converting to communism will have some growing pains.***
May 2, 2023, 11:02 AM
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Oculus Spirit [81078]
TigerPulse: 100%
Posts: 56152
Joined: 9/13/04
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Seems easy to fix
May 2, 2023, 11:03 AM
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for my FHA loan.
I'll just stop paying my credit card bill.
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Replies: 31
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