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- Why I’m Short Harley
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“I need $3,000,” Tito Vazquez, 45, says as he looks at his gleaming Harley-Davidson motorcycle. “But the economy’s a mess right now and my credit cards are all maxed out.” Which brings him here, to Collateral Lender, a few blocks east of ultra-posh Rodeo Drive, in Beverly Hills. In short, it is a pawn shop. Like most pawn shops in Los Angeles - home to not one but two failed mortgage lenders, Countrywide Financial and IndyMac Bank - it is doing a roaring trade. …
Original Source: www.creditbubblestocks.com
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22 July, 2008| housingblogs |
@ 17:08