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Banking Woes

November 25th, 2008 by SMO

Well, our credit lines are totally frozen as of today.  I hope that it won’t have to happen for more than a week, but we are just hemorrhaging out money and it has to be stopped.  We are shutting down all seventeen products we currently offer, and we are pursuing foreclosure routes on almost sixty loans.  Among them are mortgages, personal loans, home equity lines, credit cards, no fax payday loans, and construction loans.  The worst, in my opinion, is forcing foreclosure proceedings on debt consolidation loans; you know the customer was already taking responsible steps to establishing better credit and a better loan profile, and it just kills me to yank the rug out from under them. 

Everyone sees me as the bad guy now, and to be honest, I genuinely feel like the bad guy.  I feel like the worst guy, and if I have to make another woman cry, I’m going to have to quit.  But tell me how I can quit my job when I am obviously aware of the inhospitable job climate?  I obviously cannot actually quit my job, so I suppose I will just have to continue making diminutive and bereft women sob in front of me until I go to Hell.

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This entry was posted on Tuesday, November 25th, 2008 at 11:48 am and is filed under Finance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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