The nation's largest builder, distributor, contractor & lender of manufactured housing under the Clayton umbrella? Whose company, Vanderbilt, routinely finances anyone with a sizable downpayment on the spot with interest rates at unheard of highs, with just a phone call? Then, just as routinely, repossesses & resales these homes? Whose finance company refuses to refi those same loans as credit improves & threatens to pull its financial backing from any bank that would?
http://www.ripoffreport.com/reports/0/196/ripoff0196515.htm
I have seen this man finance a 120k park loan for a 22yo making minumum wage with 35k down from a inheritance. How long could a single 22yo living alone make payments on such a loan? @ 16%+ interest? Having been offered employment with his company, I declined because I did not have the stomach for it.
Should Hillary be accepting the support of a man who has made a fortune from exploiting our lower classes this way?
2007-12-14
16:41:34
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6 answers
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wider scope
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