@[email protected] to [email protected] • 2 years agoDon't be fooled Billy, it's not really a job, more of a parasitic relationshiplemmy.worldimagemessage-square284fedilinkarrow-up11.26K
arrow-up11.26KimageDon't be fooled Billy, it's not really a job, more of a parasitic relationshiplemmy.world@[email protected] to [email protected] • 2 years agomessage-square284fedilink
minus-squaredarqlinkfedilink7•2 years agoIt literally is no problem if you already have assets to use as collateral. The problem is that most people don’t.
minus-square@[email protected]linkfedilink2•2 years agoThis is the answer, literally this is what millionaires have been doing for ages. It’s just unique that the COVID era interest rates were so low that it made it so that 100-thousand-aires could do what millionaires had already been doing.
Needs a small loan of a million dollars
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It literally is no problem if you already have assets to use as collateral. The problem is that most people don’t.
This is the answer, literally this is what millionaires have been doing for ages. It’s just unique that the COVID era interest rates were so low that it made it so that 100-thousand-aires could do what millionaires had already been doing.