01-09-2011, 10:35 PM
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#35 (permalink)
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A True Z Fanatic
Join Date: Dec 2009
Location: New Jersey
Posts: 1,092
Drives: PG 7AT 370Z
Rep Power: 19
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Quote:
Not so long ago tens of thousands or more Americans bought homes at low interest rates because they could afford it............... Thanks for the market crash.
The point is, even if you manage to get a loan, it doesn't mean you can afford to pay it off.
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Yes, but the opposite isn't true either -- just because you get a loan doesn't mean you are doomed to financial ruin.
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