RE:RE:RE:Notice of Withdrawal ,Oct 5
Why do you always think always calling someone "Dumbass" then 5 starring your own post makes you answer correct? I can not say your answer is incorrect because you did not answer it. I will say that your rational that larger loans bear a higher interest rate is backwards. The smaller loans bear a higher rate due to fixed administration costs having to be derived from a smaller amount. Loan interest rates are based on security and that is why I figured that the creditor would have demanded an equity raise to lower their D/E but obviously they did not. Why not?..Well once again that document is a secret.
Here I will "Smart" the question up for you. Why would a person take out a second home mortgage @ 13% and use part of the money's borrowed to pay off the first mortgage which was @ 12% ?...and on top of that tell their spouse (who is also obligated to the loan) that he can disclose the condition of this new loan to them? The financially and business oriented people may tend to find that a tad strange on both fronts.
Now can you answer that without the grade school mud slinging and without stroking yourself with 5 stars? No wonder you and Banx get along so well. So how did you two enjoy spending the whole Thanksgiving weekend on this board pumping stocks?