Own greed or that of the lenders in their mad rush for business? People were borrowing money over 25 years in order to purchase a car. Suicidal stupidity. As you pointed out, I advised clients against borrowing what I considered too much and would not go ahead no matter what. If they then obtained funds elsewhere so be it.
Twenty-six years without one complaint in an industry suffering from greed and self-interest is a testimony to my own honesty.
Absolutely SB, I hope you don't think I was questioning your credibility for one second. If it's not too personal a question, how difficult for you personally was it to not jump on the bandwagon of pushing clients into crazy financing deals? Given that many clients would've gone ahead and done it (because everyone else was doing it), and that it also must have cost you money in commissions, etc.