Posted by DigiNomad on 8th of May 2024 at 02:22 pm
Haha - like I said yesterday....if you buy now, you'll probably
pay later.
Someone I went to business school with pitched me on a Payday
Loan business probably a decade ago. He had glossy pitch folders
and everything. Completely legit proposal. I was like "ummm....NO.
I'm not even a little bit interested." Now society is
creating financial products to sell to people so that they can put
their monthly rent on installment payments. In the background,
someone is pitching to someone that even if you build in a 40%
default rate, it will still make money! Sickos. We have
issues.
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Haha - like I said
AFRM down 13 percent after Digi canceled
Posted by DigiNomad on 8th of May 2024 at 02:22 pm
Haha - like I said yesterday....if you buy now, you'll probably pay later.
Someone I went to business school with pitched me on a Payday Loan business probably a decade ago. He had glossy pitch folders and everything. Completely legit proposal. I was like "ummm....NO. I'm not even a little bit interested." Now society is creating financial products to sell to people so that they can put their monthly rent on installment payments. In the background, someone is pitching to someone that even if you build in a 40% default rate, it will still make money! Sickos. We have issues.