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Joined: Oct 2007
Posts: 2,678
Campfire Regular
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OP
Campfire Regular
Joined: Oct 2007
Posts: 2,678 |
This was an update that I just got:
GE Capital (GE +2.5%) cuts off lending to gun shops in response to public backlash since the Sandy Hook shootings.
What you do today is important, you are trading a day in the rest of your life for it.
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Joined: Jan 2001
Posts: 1,063
Campfire Regular
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Campfire Regular
Joined: Jan 2001
Posts: 1,063 |
The way guns are selling gun shops shouldn't need to borrow.
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Joined: Apr 2008
Posts: 8,662
Campfire Outfitter
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Campfire Outfitter
Joined: Apr 2008
Posts: 8,662 |
I read that GE capital had deals set with Buds gun shop and others so buyers could buy a gun and make payments over a year.
Ted
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Joined: Jan 2005
Posts: 22,884
Campfire Ranger
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Campfire Ranger
Joined: Jan 2005
Posts: 22,884 |
I suppose that means I need to pull my money out of there then.
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Joined: Sep 2003
Posts: 23,524 Likes: 15
Campfire Ranger
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Campfire Ranger
Joined: Sep 2003
Posts: 23,524 Likes: 15 |
GE has always been a lefty organization.
Can't say I've every heard of financing a gun through anything other than a credit card tho.
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Joined: Jan 2009
Posts: 11,562 Likes: 2
Campfire Outfitter
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Campfire Outfitter
Joined: Jan 2009
Posts: 11,562 Likes: 2 |
Lending for Gun purchases, or cost's related to running a Gun business?
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Joined: Jan 2008
Posts: 15,784 Likes: 3
Campfire Ranger
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Campfire Ranger
Joined: Jan 2008
Posts: 15,784 Likes: 3 |
yep, paying this off and cancelling their asses.
i have an account with a local gun/outdoors shop
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Joined: Feb 2003
Posts: 18,854
Campfire Ranger
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Campfire Ranger
Joined: Feb 2003
Posts: 18,854 |
They're bastids as far as being quick to pull the "trigger" if a borrower is even close to default. Call the note is all they know. I know this from being on the same side as they are........not from a borrower's perspective. And they [bleep] other banks if there's any other banks involved. Schitty company for sure.
Sent from my Dingleberry Handheld Wireless
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Joined: Aug 2011
Posts: 1,096
Campfire Regular
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Campfire Regular
Joined: Aug 2011
Posts: 1,096 |
What would you expect? They are a subsidiary of General Electric and look at who is running GE; Jamie, the Crook, Dimon! Need say no more! GE hasn't paid any income taxes since the lop-eared bastid got into the White House, either!
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