When I started in this industry at a finance company, if you lived in or had relatives in Ark. you were denied. The usury rate there was so low that the company wanted nothing to do with them.
The law of unintended consequences could have the same effect. If you are in the military and need a $2,500 loan, if 6% doesn't break even, the lenders may be forced to deny them, or lose money. At what point is it profitable?
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AndyZ CRCM
My opinions are not necessarily my employers.
R+R-R=R+R
Rules and Regs minus Relationships equals Resentment and Rebellion. John Maxwell