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One homeowner was going to lose his house - as most of his neighbors because of his sub-prime loan. Then the report provided the numbers. His mortgage increased from $800 per month to just over $900 monthly. For $100 per month more, he would suffer foreclosure?
What is worse are the same fools who have car loan payments. Take out another loan for a depreciating commodity? No wonder we so desperately need illegal immigrants to raise the intelligence level in America.
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