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I SEE SOMETHING ELSE! THE END OF SS MUST BE IN SIGHT!
Perhaps they don't want to give loans based on Social Security because they have inside knowledge that Social Security is about to be declared 'bankrupt'. Since there was never a Trust Fund in the first place, this is all more charade. But I still think it is a pretty good indication that the Banks no longer trust income from Social Security as a payback point.
Also, as a matter of course, everyone in every way possible needs to PULL BACK from debt of any kind. In fact, if you have been teetering on the edge for a long time, you best go declare bankruptcy while you still can. Because in a few months that option will no longer be available to you. And going to jail for owing money you can't pay is in the offing. After all, gotta have more people Old Wackenhut can USE.
Heard the other day that with only 2% of the world's population, United States has 25% of the world's prisoners? That one out of every four in jail for serious crimes, is innocent? The torture and abuse that goes on in our prisons is said to rival the stories that came out of Iraq!
Anyway, the point is, they may be doing these people a favor in the long run, though times are going to be tough for many.
E.
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