Passports: HOME | EUROPE | AMERICAS, AUSTRALIA and OCEANIA | ASIA | AFRICA | OTHER DOCUMENTS
National Anthems:[ www.national-anthems.net ] ++
Travel:[ Europe ] [ Asia ] [ USA-Canada ] [ Latin-America ] [ Africa ] [ Australia ] [ more ]
[ Australia legal ] [ U.K. legal ] [ U.S. visa ] [ Immigration ] [ Marriage based U.S visa ]



Subject: Re: Times: Homes at risk as banks seek more security for credit card debt Posted on: Thu, 27 Mar 2008 19:06:14 GMT


"Mark" wrote in message
news:vbsmu3t4rpllejrrb9pne2oev2n9geeg4d@4ax.com...
> On Wed, 26 Mar 2008 17:15:42 GMT, "Lord Turkey Cough"
> wrote:
>
>>It's like the misleading government warnings,
>>
>>"THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME
>>MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY
>>OTHER DEBT SECURED ON IT."
>>
>>It's a lie, it implies your home is not at risk if there is no loan
>>secured
>>on on when in reality it is.
>
> It isn't a lie. It just states than your house may be reposessed if
> your fail to pay your mortgage. It makes no statement that your house
> is safe if you don't have any debts secured on it.

It's a con trick a way for banks to trick people into homelessness.
Nice guys.

>
> However it is an easy assumption to make.
>
> M.