What happened the last time we gave loans without credit checks?

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by Kali-Lionbrine

Not trying to time a crash if any (due to government spending lmao). But considering every purchase has multiple financing options that can sometimes be stacked together ex: buy now pay later, credit card stuff like this, etc.

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How long can this go on before people start defaulting? Statistics and anecdotes point towards consumers taking in more and more debt as their expenses increase without wages able to increase at the same rate.

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