No. The lenders will often not get their money back.
WHEN HOUSE PRICES COLLAPSE WHO WILL WIN, WHO WILL LOSE ?
Apr 28, 2004
23 Replies
HSBC are still doing it in their TV advrts.
Unfortunately, they make drown us in the process, as banks will have to write off a lot of bad loans, lay off employees, and reduce future credit for good individuals too. Thanks guys/gals.
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