Seil Chat

Huh? Moderator - I think your services may be required here.

It would be very surprising if anyone could read through that list of loan providers from start to finish.
The general inference is that whoever you are, and whatever your circumstances, someone is willing to put money in your pocket.
This seems to hark back to the Sub prime mortgage scam of Freddie Mac and Winnie Mae in the USA which was the precursor to the banking crisis here in the UK.
So, if our financial institutions,as they have in the past, take on board, buying up this debt from these dubious providers, we,as the poor overloaded taxpayers will probably be called upon to again bail them out of their mess.

Spam deleted, Jimcee's reply left . . .

It would be very surprising if anyone could read through that list of loan providers from start to finish.
The general inference is that whoever you are, and whatever your circumstances, someone is willing to put money in your pocket.
This seems to hark back to the Sub prime mortgage scam of Freddie Mac and Winnie Mae in the USA which was the precursor to the banking crisis here in the UK.
So, if our financial institutions,as they have in the past, take on board, buying up this debt from these dubious providers, we,as the poor overloaded taxpayers will probably be called upon to again bail them out of their mess.


I think that should read Fannie Mae and now we have a new one Sallie Mae

Eltoro

Right enough it was Fannie - I knew it was a female name, but at the time it was just fleeting references that were made to these purveyors of unrecoverable mortgages.
So what is Sallie Mae up to?