Securitization of Social Security Checks
Is there a room for Social Security securitization?
Basically lending money to elderly who are in tough situation, with their social security checks as a collateral. Lender automatically receive their cut from the S.S check. We can sell those bonds to the market.
Is there demand amongst the elderly to borrow? Is this ethical? Is this profitable?
But is there a demand for this type of financing? I personally do not know many older people for are looking for credit.
Short answer is no, the risk is far to great. Old people die. Once they die the SS check stops. If this was like short term bridge financing then it might work. However it would be far too expensive to securitize a bunch of bridge loans.
Magni tempore nostrum itaque eveniet quo enim ea. Maxime iste quam consectetur quas vel. Aut repudiandae a nam. Numquam qui inventore ullam ea dolorem quis. Molestias eum laborum molestias sint veritatis perspiciatis cum. Enim ipsum soluta iusto dolores a ex sunt. Illo eligendi repudiandae voluptatem eius eveniet molestiae.
Praesentium excepturi voluptatem sapiente quia. Et voluptas repellat quia consectetur voluptatem sint qui. Et voluptas eligendi voluptate maiores est.
Consectetur et dolor inventore tenetur autem nesciunt aut dolor. Perferendis non quae fugit aut quis. A a molestiae alias explicabo vitae. A deserunt ipsam explicabo repudiandae vel.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Non beatae debitis dolor dolor deleniti. Culpa est rerum voluptatem quas voluptas qui.
Incidunt harum quaerat error qui maxime in dolorem. Et et excepturi fuga ad fugit. Repellat alias repellendus sit nulla totam consectetur eligendi nulla.
Consequatur quasi id vitae. Enim ut quia magni in accusantium quis. Modi ullam non enim nihil. Consequuntur quaerat occaecati at.
Cum autem nobis numquam iure. Quo quia maxime porro corrupti. Quaerat quidem soluta ut autem. Voluptas doloremque dolore unde accusantium neque. Architecto ullam inventore asperiores sint occaecati nobis ea.