Wednesday, January 19, 2011

Micro-loan Addendum

Alot of comments (from Jahn) have focused on the unpaid balances of these loans.   For the record, I got no problem with these people who have unpaid balances.   Let me explain.   Say I had a VISA card with a 20,000 balance and VISA forgot all about me and the 20,000 balance just sat there without accumulating at interest.  Would I call them?  No--I would wait for the to call me.

My problem is

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