No. of Recommendations: 1
Also, once one does a 125% loan, where else can they turn to if they find their funds have dwindled? Don't tell me - are 150% loans around the corner, available for 18% APR?

Oy! Lan, bite your tongue! LOL!

You know, this sort of thing really gets me, the way lenders do everything in their power to make borrowing seem like the easy answer to everything.

The commercials on TV--they're so misleading. "When your bank says no, Champion says YES!" Arrrgh! Yeah, Champion says "yes" because what do they care? You have credit problems? We'll give you all the cash you want.

Translation: You don't pay, we take your house.

These lenders come off making it sound so tempting. If I had tons of bills, and someone tells me they can save me 2,3,4 hundred a month, why wouldn't I jump at the chance. How about a clear, well stated addition to the commercial that lists the pitfalls, risks and dangers? Think that'll happen? Noooooooooo!

Sorry for the rant!

...but I still am...

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