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Commented by: Spinner at 17 Mar 2010 08:11 PM
Given the large up front time input to lodge a deal, rigourous questions by lenders (that consume resources), if you work it out, your probably on $9.00 an hour. Measure it and see. Unemployed get around $6.00 per hour, so for $3 per hour your making the bank, customer and CEO money. May have been a proposition when 0.7% upfront & 0.25% trail, but the game has changed, What happens in the next round of comm cuts? whooops - who keeps the trail if you decide its too hard?

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