ST Alpha - "Circumstances change. If I take out a mortgage to buy a house, and then I lose my job and can't keep up payments, and renegotiate a new deal with the " (Reading a Post)

SlickerTalk
Search Archives
The Leaderboard
The FAQ

Down to Post

Backboards:

Posts: 152

In response to "I'd look at the idea of full faith and credit....if I bargain for a deal; that's not full faith/credit imo." by Will Hunting

Circumstances change. If I take out a mortgage to buy a house, and then I lose my job and can't keep up payments, and renegotiate a new deal with the

Posted by Roger More (aka rogermore) May 6 '16, 07:22

bank, that's still full faith and credit.

Though it wouldn't be if I said to the bank "This is a nice house. If you were to repossess, it would be a shame if anything happened to it. BTW I'm storing 100 gallons of gas in the basement"

Responses:

The difference is your example; you can't pay. We can. - Will Hunting May 6, 07:25 2
- I get that 100%, as you can read from my other posts - I'm just saying that I understand where SB is coming from. -- nm - Roger More May 6, 07:32 1
  - They updated the article since I originally posted it, and his other comments are much less benign, imho. -- nm - znufrii May 6, 07:37
Illustration #368,743,997 how running country is not like running a household. -- nm - znufrii May 6, 07:24

Post a message top

Circumstances change. If I take out a mortgage to buy a house, and then I lose my job and can't keep up payments, and renegotiate a new deal with the

Replies are disabled on threads older than 7 days.