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« Music Training Makes You A Better Listener | Main | Random Lyrics Thursday » Bad Loans Come Back To Bite YouSub-prime loan meltdown, as the headlines say: Some lenders to the U.S. sub-prime market, which takes in borrowers with poor credit credentials, are being battered by rising defaults and increasing demand by their own lenders to recall soured loans at a loss. Goodness. Imagine that. If you have bad credit, they won't lend you money. Who came up with that crazy idea? I think it's heartily unfair of anyone to blame the lenders who gave people mortgages they couldn't afford. It's all just shocking, really. By min | March 14, 2007, 3:34 PM | Ummm... Other? |