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04-06-2020, 04:13 PM #1
- Join Date
- Oct 2016
- Posts
- 4,318
Real talk, if you aren’t being handled by your bank, there’s a 99.9999% chance they aren’t moving through the system as of today. I’ll say this again: lenders don’t want these. Think of the manpower and resources used. Think of how banks are getting 10,000 apps in a day, with a team of a few dozen people (at best) trying to process these, put all the work in, only to find out they’ve submitted to 12 other banks and you’ve spent all those resources for nothing. And if you do get it funded, the returns ****ing suck. And, oh by the way, the Treasury changes the rules at the last moment about covering the banks 100%. Its like, they couldn’t just add an extra $20B to make sure the banks could charge a reasonable fee, and let the govt cover the fees? I mean, we are about to have a $3 Trillion annual deficit, and another 0.00001% a
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