Comments on: It’s the Economy, Stupid http://blog.kitchens.com/2009/01/26/it%e2%80%99s-the-economy-stupid/ kitchen design, remodeling, decorating ideas Sat, 7 Nov 2009 17:51:01 +0000 http://wordpress.org/?v=2.0.2 by: Kimberly Sweet http://blog.kitchens.com/2009/01/26/it%e2%80%99s-the-economy-stupid/#comment-22505 Thu, 26 Feb 2009 16:33:59 +0000 http://blog.kitchens.com/2009/01/26/it%e2%80%99s-the-economy-stupid/#comment-22505 Toby, a banker at the show told me that you can get a HELOC with a credit rating of 740 or more. Pretty high, I know. Toby, a banker at the show told me that you can get a HELOC with a credit rating of 740 or more. Pretty high, I know.

]]> by: Toby http://blog.kitchens.com/2009/01/26/it%e2%80%99s-the-economy-stupid/#comment-22504 Thu, 26 Feb 2009 16:07:13 +0000 http://blog.kitchens.com/2009/01/26/it%e2%80%99s-the-economy-stupid/#comment-22504 I agree with most things said, but remodeling is more than a return on investment. Remodeling is something that needs to be done in some circumstances and the banks don't understand this. If someone has the money and a <b>good credit rating</b> banks should lend the money. The quickest way for the economy to recover is for the banks to start lending again. Why did we give money to the banks if they still refuse to give loans? <b>The old bait and switch,</b> they take but don't give. We were all duped into giving away BILLIONS with no guarantee of return. Who is going to pay for this? All Americans. I agree with most things said, but remodeling is more than a return on investment. Remodeling is something that needs to be done in some circumstances and the banks don’t understand this.

If someone has the money and a good credit rating banks should lend the money. The quickest way for the economy to recover is for the banks to start lending again.

Why did we give money to the banks if they still refuse to give loans? The old bait and switch, they take but don’t give. We were all duped into giving away BILLIONS with no guarantee of return.

Who is going to pay for this? All Americans.

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