Monday, March 22, 2010

Wells Fargo makes stupid loans

Voltron says: Taken from a Wells Fargo ad:

Wells Fargo is one of the few lenders that will refinance a vehicle for more than its current value. That means access to cash over and above the value of the new cash out refinance auto loan. Use the available cash however you choose. For example: holiday expenses, summer landscaping . . .

see for yourself:

http://auto-loans.wellsfargo.com/debt-consolidation/vehicle-cash-out-refinance.html

hat tip to Karl Denninger

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