I took my first loan application. Well - OK - I input the data on the system and we talked about negative networth, debt servicing rations, interest rates, credit bureaus, collateral and all that good stuff that we banking people deem important. Seriously it was a good day - instead of just theory we got to the meat and potatoes of lending...
speaking of lending and interest rates.... prime rate went up again. not a surprise ... and it sounds like it will keep going up - Bank of Canada set to meet in December again. how is that relevant you ask? well there are lots of people who have taken on alot of new debt over the last couple of years.. it soon will be crunch time...
do you notice how I have dispensed with capitals and punctuation.... for today... not sure how comfortable I am this new writing style!
today's psalm was 33 - did I mention that the psalms are critical to my well being - I love to read them on the bus...
this is from the Revised English text - not so crazy on the translation...
no king is saved by a great army,
no warrior delivered by great strength.
No one can rely on his horse to save him,
nor for all its power can it be a means of escape.
The Lord's eyes are turned towards those who fear him,
towards those whose hope is unfailing love
to deliver them from death,
and in famine to preserve them alive.
We have waited eagerly for the Lord;
He is our help and our shield.
In him our hearts are glad,
because we have trusted in his holy name.
Lord, let your unfailing love rest on us, as we have put our hope on you.
psalm 33: 16-22
I particularly love the bit that no one can rely on his horse to save him....
1 comment:
yes, but perhaps you could trust a bit more in a donkey? heehaw:)
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