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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (46646)	7/22/2002 8:41:29 AM
From: JRI	Respond to of 209892

Got a question for ya' (or thread credit experts): Am investing in auto insurance biz, and our group is thinking about expanding to car title loans and such. Despite the crappy economic times ahead, and especially credit bubble explosion, my general thought there may still be a market for some secured debt (note: our customer is, obviously, NOT the million dollar home type...the "credit", of course, more than adaquately secured (and ideally, resold immediately- I am not talking about being the repo man, etc.). Unsecured, no way. Of course. Whadda ya' think? Is all "lending" going to be hosed here? No way to make a profit?