One of my favorite writers – though we don’t see eye-to-eye on some things – brought this little tidbit to my attention via Google Reader. A man lost his job and called to try to renegotiate his mortgage payment. What happened should surprise us, but given the history of credit in this country lately it shouldn’t:
Guy loses his job, calls Citibank to find out how to get help with his mortgage under the Housing Recovery Act. The operator says the government hasn’t given them the information about HRA yet yet, so can’t help him there, but offers him a Citibank VISA with a $15,000 credit limit and no interest for a year.
You just have to shake your head sometimes.
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