A Loan is Still DEBT

 

There is a new company out there that has been airing a lot of advertising on the television...

NEW DAY USA is the company to which I refer.

They want to sell LOANS to veterans and their spouses based upon the equity in the house that they own.

One of those people on these commercials is a retired Navy Admiral who claims to know the VETERAN MENTALITY...

I was in the US NAVY for 6 years and let me tell you that NAVAL OFFICERS have no clue as to the Veteran Mentality when it comes to enlisted personnel.

Officers do not fraternize with the enlisted man and the only way you can know the veteran mentality from an enlisted point of view is to fraternize with them.

Officers may know officers but even that is questionable because LOWER RANKING officers do not fraternize with HIGHER RANKING officers.  It is just not done.  

You simply DO NOT BUDDY AROUND with those that you supervise for fear of playing favorites.

This commercial is just a clever way of tricking people into getting loans with this new company.  And I don't know about you but if you get a loan from anywhere, IT IS STILL CONSIDERED DEBT that has to be paid off.  If you use your house as collateral, then you risk losing your house if you don't pay back the loan.

The commercial says they are giving a little hand up and not a handout.

Debt is debt regardless of what you call it.