Originally Posted by ISP James
:eh: where are you getting that from? on the contrary, my job would be giving loans to people who probably cant get them at your neighborhood bank or credit union.
Hi risk lending is not usually as sunny as they make it seem. Since they have such bad credit, your loans will be heavily fee laden as well as high interest rates. Not to mention some of the customers will be less than desirable to deal with. All I am saying is that the loans that are made to "high risk" individuals suck and will end up costing these people more than they gain.
I know people who have been on that side of the business and some did not have the stomach for it. I don't have any experience with it but figured I would pass that along. Just something to consider.