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by dragontamer
1347 days ago
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It's not your data. It's the Banks data about you. Do you have private notes about people you've met? Same thing happens with banks. Banks keep notes on how much you repay loans, how many loans you have, etc. Etc. And the fact is, this data is very reliable. Prime Mortgages are paid back reliably. Subprime mortgages are not. -------- If you are on the other side of the trade: deciding on which MBS to buy to secure your retirement income off of, you will be relying upon these statistics to keep your money safe. |
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