0
0

Refinance = Debt Forgiveness


               
2007 Apr 6, 10:08am   17,307 views  143 comments

by HARM   follow (0)  

Freedom!!!

Please help me out here, but I'm struggling with a new concept I can't quite seem to get my mind wrapped around. Apparently, at some point in the recent past, someone went and changed the definition of the word "refinance" and I didn't get the memo.

According to the many mortgage refi spams I get daily and all those Ditech, LendingTree & GreenLight ads on TV, "refinance" no longer means "reaffirmation of previous debt into a new loan", usually with a longer maturity and higher balance. Apparently, now it means "loan forgiveness". You see, refinancing "makes your bills go away" and "stops all those harassing phone calls from bill collectors". And it "puts cash in your pocket" for important needs like that vacation or new RV you've been promising yourself.

This can only mean one thing: debt forgiveness!

Why didn't anyone tell me about this sooner?!? And I thought you people were my friends... :-(

sad HARM

#housing

« First        Comments 143 - 143 of 143        Search these comments

143   HARM   @   2007 Apr 9, 11:34am  

Ok, ok... so “ILLEGAL MEXICAN” is a politically loaded (and technically innacurate) term. Let's run this through the 'ol BayAryan uber-liberal PC filter and...

...new politically acceptable term: "Documentation-challenged, unskilled, pre-unionized Latino-American guest worker".

« First        Comments 143 - 143 of 143        Search these comments

Please register to comment:

api   best comments   contact   latest images   memes   one year ago   users   suggestions   gaiste