Re:DeFi bug accidentally gives $90M to users
by pdonis on Friday October 01, 2021 @01:21PM
(#28721162)
Which is why car loan providers usually require a substantial down payment so the loan is not underwater. (And why home mortgage providers usually require a LTV well under 100 percent--and make you pay mortgage insurance even then unless the LTV is even lower.)
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Re:DeFi bug accidentally gives $90M to users
by throwawaygh on Sunday October 03, 2021 @06:27PM
(#28741052)
What the hell are you taking about? I have never made a down payment for a car and have never paid interest on a car loan. Ever. And I’ve purchased many cars.
E: woah! .06 seconds to the first downvote to a Dow thread comment on a two day old post! I’m out.