Is this possible? HELOC of 10% Plus Prime Secured FROM TD

I think we have the same friend! Buddy was telling me about his 10% HELOC from TD.
I later found out it was wasn't TD... but with Fairstone financial. I helped him look over the paper work.
They're the type of people who give credit to anyone with terrible credit.
the guy was like 12 months late on all his credit cards and lines of credits. Everything in collections. Didnt make a single payment to anything since covid happened. It was the only lender to give him a loan. But they were tricky... It was a broker who said "WE WORK WITH TD and *whisper* other private lenders *whisper* ... TO GIVE YOU A GOOD RATE!".

So thats the explaination why.

Man what a small world...

yeah, odd. Im pretty sure its from TD I have the title from the house he showed me I couldn't believe shouldn't this be illegal?

Goooalstein wrote: ↑ yeah, odd. Im pretty sure its from TD I have the title from the house he showed me I couldn't believe shouldn't this be illegal?

Dunno bud.
My bud & your bud, possibly the same bud. Both are dumbasses.

not sure if its a heloc or not though, if i post the title could you know?

Curious why people who suck with money think more money will fix their problems.

seadog83 wrote: ↑ Curious why people who suck with money think more money will fix their problems.

thats 90% of the GTA lol