Phalanges Mycologist
kiwifarms.net
- Registrado
- 11 de Sep, 2021
One speculation is, in order to get these other lines of credit, both Barb and Chris resorted to credit fraud by misrepresenting their incomes. Chris or Barb could easily put down "Oh yeah, I bring in $1300 from my job" on the applications. If they did that, then naturally the credit companies would be trying to get their money. I highly doubt if they put down their only sources of income being income that can't be garnished would have gotten them even more credit after their history.
That's the main way of doing it, you say I have X fixed expenditure Y other and Z will more than cover the minimums on the loan and a lot of the lower end lenders will just fork it over knowing that they will either get back enough to pay off there loan or be able to sell it on, the modern credit systems a joke.