SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Freedom Fighter who wrote (63178)6/24/1999 1:59:00 PM
From: benwood  Read Replies (2) | Respond to of 132070
 
Actually, I'm almost totally ignorant of the statistics, I've just been a casual observer of the credit trends of the last few years, and I'd wondered how they would keep moving payments out further. 1st it was, "Buy now and make no payments for 3 months" ... then 6, 12, 15 months. (I'm still waiting for no payments, EVER!). Then the 100% then 125% mortgages. I don't recall if this ad last night mentioned a funding limit, but the main gist is that you can defer ALL your credit 60 days into the future. Can 90 days be far behind?