Looks like some consider sarcasm as a valid form of debate. Anyway, what is interesting is that if there is a recession, the cautious customers will keep away from car loans but fewer will have the funds to buy straight off or the financial credibility to get loans from mainstream providers so MNY's clientele will increase but could be for the same reasons be of poorer quality. Not easy to figure out whether it will be a net benefit or the opposite. I believe it will be a net negative because on aggregate, more life will be squeezed out of existing fleet so fewer loan applications and those will be inferior too.
MNY Price at posting:
$1.26 Sentiment: None Disclosure: Not Held
