Posted 11/29/2025 19:28 (#11451502 - in reply to #11451123) Subject: RE: Consumer borrowing
Kooiker - 11/29/2025 13:34
JRCS Farms - 11/29/2025 13:00 This doesn’t strike me as a bad thing. Forced financial responsibility sounds good
The problem is, the criteria for getting consumer loans didn't get harder to meet, there's just more people that are in that bad of financial condition that they get denied for a consumer loan.
That's bad.
Well, even if they aren't in "that bad" financial condition, doubling or tripling the interest rates from pre-Wuhan Flu certainly makes it less serviceable when not many people have a W-2 which has doubled income vs. five years ago....
Consumer borrowing
