Seems like a simple business decision to me.

If a broker constantly makes decisions based on a feeling that "getting something is better than getting nothing" then they will soon be out of business.

I don't think any of the auto companies should get any money - they made short sighted decisions based on a North American market centric viewpoint that's biting them in the *** now.

Specifically, they will be looking to see examples of poor money management and examples where you did not pay obligations as agreed.

I want to build a business at warp speed since the market is ripe for investing but I don't want to make bad decisions.

I know some go back 5 years, and am not sure if this is because it is just impossible to find low income tenants w/out one of these two items in their past or if it is just a business decision to compromise and get a tenant into the property.

I am curious to see if anyone has attended the Rich Dad Academy, which has been promoted by the author of Rich Dad Poor Dad.

It sounds good and we've 'learned' from the depression but it still ultimately won't work as the decision makers won't know the reasons for this current crisis until at least 5 years after it's over.I have to disagree with Aaron, and many others, though; instead of massive inflation, I believe we're in, and going to stay in, a prolonged period of deflation.

Had he paid $80k that would have been the fair market he would have had a loan at a much higher rate than I charged due to his poor credit.

I'm quite certain those who make these decisions understand the impact; I'm also quite certain that they have no desire to change the process.