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hunter

(40,665 posts)
11. We'll be fine. Homes in our part of California are worth a lot!
Fri Mar 20, 2026, 11:14 AM
Friday

We're probably lucky we could no longer borrow money from reputable lenders when things were most dire. Borrowing money from disreputable lenders might have left us in a hole we couldn't climb out of. The vultures were circling... we were getting those checks in the mail for loans with 30% interest. If I recall correctly the largest was for $90,000. Accepting that offer would have inevitably led to the loss of our home and us living on the streets. Even so, our mortgage was sold to a company that was eager to "help" us, but they were actually betting against us, their actual business being foreclosures.

There are many posters here on DU who are living close to the edge and a few who have actually fallen off the edge. We're not among them.

If things truly turn to shit in the U.S.A. I'll probably be shot mouthing off to an ICE agent or something.

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