[mattduke]

Well, why not?

$this->bbcode_second_pass_quote('', 'A')s hundreds of thousands of American home owners fall behind on their mortgage payments, more people are turning to short-term loans with sky-high interest rates just to get by.

[IanC]

That was painful to read. Probably most of these people are just trying to keep the lights on and some food in the 'fridge. Maybe they are just thinking that they are ruined anyway, so why not pile on a little more?

We've got dozens of these Usery Dealerships in Portland...

-IanC

[MarkJ]

Besides payday type loans, some people are selling off assets for pennies on the dollar to pay rent, mortgages, property taxes, water/sewer bills, heat and electric bills. One of our customers traded me a boat worth well over 3 grand for around 250 gallons of heating oil. We've had many customers that wanted to trade assets towards heating oil, propane, kerosene, heating service, repairs and installations.

Homeowners that are losing their homes often try to sell newer appliances, furnaces, boilers and water heaters for pennies on the dollar or they sell steel, iron and copper for scrap at the salvage yards.