janinegirly
Ideal_Rock
- Joined
- Sep 21, 2006
- Messages
- 3,689
I have a "friend" who continues to max out cc's (finds no - interest cards to pass loans to), takes out multiple loans (to buy furniture, new car,etc), continues to buy properties with less than 20% and maxed out credit. I don't really get it, I thought banks were cracking down on this? Is it possible to still live like this (assuming you don't mind living with debt?).
I'm just curious, it's also possible they are exaggerating - but mostly it's so different from my finacial style that I'm having a hard time understanding the motive and more importantly the method since from everything I read, easy credit is done.
I'm just curious, it's also possible they are exaggerating - but mostly it's so different from my finacial style that I'm having a hard time understanding the motive and more importantly the method since from everything I read, easy credit is done.