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.
Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: damainman who wrote (55955)6/13/2006 1:21:12 PM
From: Live2SailRespond to of 306849
 
It might get people to learn how to keep a balanced budget <g> .



To: damainman who wrote (55955)6/13/2006 4:00:18 PM
From: bentwayRespond to of 306849
 
"How about shock-collars for credit card accounts?"

You just gave me a great idea for an invention! You know those ankle bracelets they put on parollees? The ones that have GPS trackers that let their parole officers track them by satellite over the internet day and night? How about making wearing one of those a condition of a payday loan? Incorporating your "shock collar" idea of course!

If the borrower wasn't at work, you'd know right away, and could activate the shock bracelet, which would be disabled by the borrower calling in and explaining to your satisfaction why he wasn't at work! MUCH more security in lending!

There's going to be a LOT more deadbeats soon. Need new ways to keep up with them.