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Investors - LC / Re: What loan purpose to avoid?
« on: February 20, 2017, 03:40:51 PM »Yikes! Garbage in-garbage out. I continue to be incredulous at these comments.
So, is your argument that some statistically significant percentage of people lie for some reason (e.g. perception of better rates offered, embarrassment, laziness, etc.), and any categorical differences observed are due to random chance? Personally, I think most people will be relatively honest, and mistakes in loan categorization will be far more honest errors than malicious intent.