Investment vs consumption loans

[timelets]

On the merits of Ross' advice to furloughed federal workers: If you are in a difficult financial situation, have no assets and somebody advises you to take a consumption loan instead of seeking alternative sources of income, dump the advisor.

Comments

I get it

[malobukov]

No offence taken. Without context I just wasn't sure if your original post was based on your expertise in quantitative finance, retail credit, or risk management and therefore should be taken literally. Now I know.

Re: I get it

[timelets]

Good. Thanks for your understanding.