Bad Stuff
The NYT is reporting home equity borrowing is at record levels, and this understandably worries a lot of people.
Many people, not all, use home equity borrowing as a last step to stave off bankruptcy. It's really bad, and some lenders have those scam subprime (I think it is) loans.
People are much better off filing a chapter 13 or a chapter 7 than taking on even more debt.
Featured Post
Crater Lake National Park Photos 1
Here are a few pictures I took at Crater Lake National Park in southern Oregon today, including a couple of them from the historic lodge:
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Golden Tempo has won the 152nd Kentucky Derby. Jose Ortiz is the jockey. It is his first Derby win. This race is historic, for the fir... -
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Napoleon Solo has won the 151st Preakness Stakes at Laurel Park. Iron Honor tried to make a bid at the homestretch, he couldn't quite c... -
Another victory for Golden Tempo as he has won this year's Belmont Stakes at Saratoga. Cherie Devaux has won a second leg of the Tripl...
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