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

Author Topic: GM pays back loans...................with more loans!!!!!  (Read 481 times)

Offline burnt orange

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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:


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Offline Rare_T_A

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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.
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