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The Watercooler
Bailout effects
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<blockquote data-quote="bby31288" data-source="post: 198849" data-attributes="member: 182"><p>It wasn't in plain language, but at the same time, I will say I did have an inkling this could go very wrong. But at that time it felt like we had no other option. We let the mortgage broker tell us, what could go wrong with the market? We pushed our fears aside and signed away. As the payments got higher and we couldn't pay on time, obviously our credit score fell. As it fell we couldn't refinance. So...here we are. </p><p></p><p>slsh, I hope you are right, and our economy can rebound. I'm counting on it.</p></blockquote><p></p>
[QUOTE="bby31288, post: 198849, member: 182"] It wasn't in plain language, but at the same time, I will say I did have an inkling this could go very wrong. But at that time it felt like we had no other option. We let the mortgage broker tell us, what could go wrong with the market? We pushed our fears aside and signed away. As the payments got higher and we couldn't pay on time, obviously our credit score fell. As it fell we couldn't refinance. So...here we are. slsh, I hope you are right, and our economy can rebound. I'm counting on it. [/QUOTE]
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