From Newsgroup: alt.politics.usa

https://www.newsnationnow.com/business/your-money/inflation-personal-loans-millenials-gen-z/

Young borrowers are increasingly turning to personal loans to
cover everyday expenses, according to a new study.

Personal loans, which are often used to finance large purchases,
are now being used by younger consumers to make ends meet.

A report from LendingTree found that at least 10.5% of personal
loan borrowers are members of Gen Z.

Major spending periods, including the winter holidays and
back-to-school season, often place additional strain on
household budgets, increasing the likelihood that borrowers
will rely on loans to keep up with routine bills.

. . .

Oh ... THIS can't turn out badly, can it ???

The latter gens just EXPECT there to be "free
money" for everything.

No such thing.

I'm reminded of the 80s/90s where status was
how many credit cards you could pull out of
yer wallet. Generally ALL were maxxed out.

That DIDN'T end well.

I knew this one guy ... he may be the only human
with a negative credit score to this day :-)
Paid credit cards with OTHER credit cards. Went
from a mini-mansion to a 50 year old rental
crackerbox to, well, lost touch around there ...

This Gen-Z (and beyond) debt - it's NOT gonna be
paid off. At some points they'll all just default
and the banks are supposed to deal. We've been
there - it ain't good.

New law - YOU are responsible forever ?

--- Synchronet 3.22a-Linux NewsLink 1.2

From Newsgroup: alt.politics.usa

c186282 <c186282@nnada.net> wrote in news:VTednQeF6dEykJn3nZ2dnZfqnPqdnZ2d@giganews.com:

https://www.newsnationnow.com/business/your-money/inflation-personal-lo ans-millenials-gen-z/

Young borrowers are increasingly turning to personal loans to
cover everyday expenses, according to a new study.

Personal loans, which are often used to finance large purchases,
are now being used by younger consumers to make ends meet.

A report from LendingTree found that at least 10.5% of personal
loan borrowers are members of Gen Z.

Major spending periods, including the winter holidays and
back-to-school season, often place additional strain on
household budgets, increasing the likelihood that borrowers
will rely on loans to keep up with routine bills.

. . .

Oh ... THIS can't turn out badly, can it ???

The latter gens just EXPECT there to be "free
money" for everything.

No such thing.

Borrow money to the hilt, and when payment is
demanded just declare bankruptcy.

How could conservstives complain about that?



--- Synchronet 3.22a-Linux NewsLink 1.2

From Newsgroup: alt.politics.usa

On Wed, 13 May 2026 13:08:32 +0000, Mitchell Holman <noemail@aol.com>
wrote:

c186282 <c186282@nnada.net> wrote in >news:VTednQeF6dEykJn3nZ2dnZfqnPqdnZ2d@giganews.com:

https://www.newsnationnow.com/business/your-money/inflation-personal-lo
ans-millenials-gen-z/

Young borrowers are increasingly turning to personal loans to
cover everyday expenses, according to a new study.

Personal loans, which are often used to finance large purchases,
are now being used by younger consumers to make ends meet.

A report from LendingTree found that at least 10.5% of personal
loan borrowers are members of Gen Z.

Major spending periods, including the winter holidays and
back-to-school season, often place additional strain on
household budgets, increasing the likelihood that borrowers
will rely on loans to keep up with routine bills.

. . .

Oh ... THIS can't turn out badly, can it ???

The latter gens just EXPECT there to be "free
money" for everything.

No such thing.

Borrow money to the hilt, and when payment is
demanded just declare bankruptcy.

How could conservstives complain about that?

AI overview
In December 1990, Fred Trump illegally funneled $3.35 million to his
son, Donald Trump, by sending a lawyer to purchase casino chips at the
Trump Castle Casino Resort in Atlantic City.The transaction was
structured to provide a desperate cash infusion so the casino could
make an $18.4 million interest payment.

Iow, Trump had already bankrupted the Casino and conned his own father
into a three million dollar loan in order to make an interest payment.

King of debt indeed.
--
MAGA wants to kiss off all the amendments since the Twelfth.

Update: They aren't too fond of eight of the first ten either.

012020298647
--- Synchronet 3.22a-Linux NewsLink 1.2

From Newsgroup: alt.politics.usa

Governor Swill <governor.swill@gmail.com> wrote in news:bsd90ldne2ti33f6e8f4rv2b161mc28p9q@4ax.com:

On Wed, 13 May 2026 13:08:32 +0000, Mitchell Holman <noemail@aol.com>
wrote:

c186282 <c186282@nnada.net> wrote in >>news:VTednQeF6dEykJn3nZ2dnZfqnPqdnZ2d@giganews.com:

https://www.newsnationnow.com/business/your-money/inflation-personal-

lo

ans-millenials-gen-z/

Young borrowers are increasingly turning to personal loans to
cover everyday expenses, according to a new study.

Personal loans, which are often used to finance large purchases,
are now being used by younger consumers to make ends meet.

A report from LendingTree found that at least 10.5% of personal
loan borrowers are members of Gen Z.

Major spending periods, including the winter holidays and
back-to-school season, often place additional strain on
household budgets, increasing the likelihood that borrowers
will rely on loans to keep up with routine bills.

. . .

Oh ... THIS can't turn out badly, can it ???

The latter gens just EXPECT there to be "free
money" for everything.

No such thing.

Borrow money to the hilt, and when payment is
demanded just declare bankruptcy.

How could conservstives complain about that?

AI overview
In December 1990, Fred Trump illegally funneled $3.35 million to his
son, Donald Trump, by sending a lawyer to purchase casino chips at the
Trump Castle Casino Resort in Atlantic City.The transaction was
structured to provide a desperate cash infusion so the casino could
make an $18.4 million interest payment.

Iow, Trump had already bankrupted the Casino and conned his own father
into a three million dollar loan in order to make an interest payment.

King of debt indeed.

Family Values, on parade.






--- Synchronet 3.22a-Linux NewsLink 1.2