Thanks Dog and Jackie...right out of the Soprano's...I always wondered what is like to live on the run...it doesnt sound like fun...soooooo Ill pass. and stay broke....lol
Quote:
Originally Posted by dirty dog
Well I was playing around anyway incase there are any individuals who work for agencies who use initials reading this. But bigdeal in basic terms it means for example
if I loaned you 10,000 dollars at 3 pts that would be 3% of 10,000 each weak, this is the juice or vig its the fee. So to pay the loan back you have to pay $300 each week right off the top. Then anything additional would be subtracted from the principle or nut. If you are unable to at least cover the vig, what your shy is tacked to the prinicple and you then owe 3% of that until such time as you are unable to pay it and you sign over your business to me, or your legs are broken. Or as in the case of the Hereford house you burn it down to collect insurance money to cover your debt....... of course thats just a theory.
Well kids goodnight, I have business in Jeresy tomorrow and then hopefully we can spend sometime on the Island.
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