Strippers do some pretty weird shit sometimes just as ordinary folks do. However, it just seems like beyond wierd is "Stripper Weird."
A buddy who is losing her home got involved with US Foreclosure Relief that was doing radio ads. After sending them a $1,000 dollars she contacted me to look at the contract which she hadn't signed. I was having difficulty understanding what the hell she was talking about in that why would she send them a $1,000 when she hadn't even signed the contract?
She explained that they had refused to fax her a contract until she sent them the $1,000 and that the $1,000 was just to get the process started. I had previously "saved" her from a real rip-off foreclosure consulting business; not only was their contract a joke they also had numerous complaints against them.
I told her was she had done was WEIRD! That got her all upset. I said sorry, but I just don't understand how you send some outfit a $1,000 so they'll send you a contract----even a 100% legitimate outfit. I just don't understand even a little especially since she was almost taken big time just a few weeks earlier.
Looking at her income to debt obligations, I asked if she was lying to get loans. She said no, she just fills out the application and lists her income and debts and whatever else is asked for. I was stunned. I can't imagine business lending her any money----unless they plan on putting her ass on the street or on the stage, which might be the best solution assuming bankruptcy relief isn't available. She is afraid of bankruptcy because then nobody will lend her anymore money. I told her the fact businesses kept lending to her was proof that her ability to repay wasn't a concern. (A couple of her credit cards are nearly 30% APR.
I asked her where in the hell did she get the idea that she could repay these loans? She said she thought was prequalified meaning that the business had determined she'd be able to repay. I said you let them decide?!!!! Why don't you do the deciding? She said because she doesn't know about that and the lender is the expert.
Oh well, many believe the "expert" or the clown with government license or the President.
So was this "Stripper Weird" or worse?
Stripper weird? No, you just laid out the scenario that led to the entire mortgage meltdown. There were a lot of people, from all walks of life, who fell to this kind of silliness.
It's silly people, like the one above, who keep the consumer reporters on TV in business. A relevant addition to this:
Some apartment complex manager, knowing he was foreclosed on, had his manager collect November's rent, then quickly had the office contents moved to a moving truck (the water and electricity was about to be shut off to the complex). A lych mob formed around the manager and he called the cops. When the cops arrived and sorted everything out, the manager ended up in handcuffs and the city is working out a deal with the new owner to help out the residents.
abclocal.go.com