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**Vemnagelignc** · 01-07-2011, 04:05 AM

So having a lower credit rating, and paying higher interest rates, for every dollar based loan, will help the economy.

I can't wait for you to explain that one........

Banks can't make new loans if they are unable to raise money off those they have already lent to.

01-07-2011, 04:05 AM	#32
Vemnagelignc Join Date Oct 2005 Posts 538 Senior Member	So having a lower credit rating, and paying higher interest rates, for every dollar based loan, will help the economy. I can't wait for you to explain that one........ Banks can't make new loans if they are unable to raise money off those they have already lent to.
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