GM pays back loans...................with more loans!!!!!

Author Topic: GM pays back loans...................with more loans!!!!!  (Read 490 times)

Offline burnt orange

  • Full Member
  • ***
  • Posts: 782
GM pays back loans...................with more loans!!!!!
« on: April 28, 2010 - 11:29:03 AM »
So, in the days when I was in rough shape financially, I was using a loan to pay credit card that I was using to pay another loan.

It seems that that is what GM is doing.....all with taxpayer money!

http://reason.com/blog/2010/04/23/gm-pays-back-tarp-loans-withta
 :swear:


< ° ) ) >< 




Offline Rare_T_A

  • Resident
  • *****
  • Posts: 3916
    • Freiss Family Mopar Site
Re: GM pays back loans...................with more loans!!!!!
« Reply #1 on: April 28, 2010 - 12:42:41 PM »
I'v see there adds on TV about paying it back 5 years early. They just didn't say this is how it was done.
'09 Challenger R/T  5.7 HEMI Auto
'70Challenger T/A 340 727

Fargo, N. Dak.
My web Site:  http://freiss.co.nr

My Flikr Page: http://www.flickr.com/photos/102813164@N04/

I was born with nothing and I still have most of it left!