Meltdown

[SBR_John]

Quickly... please do not PM me with questions on the industry. I love you guys but I don't have the time for all the PM's. No one at SBR will hold anything back. Our opinions will be here. Speaking of opinions;

In a word, its a meltdown. Its a very dangerous time for players. Even SBR can not absorb the entire new conditions and rate books accurately right now. I could see 50 books dropping in a month. Sure it could be business as usual soon enough but that's not the reality on Jan 19th.

Watch for special offers. Watch for guys promising you a credit account. Watch for guys offering you a silver bullet solution. Protect yourself, safeguard your info and change passwords. Give up offshore gambling if you are not comfortable with the new, and very real risks.

[onlooker]

I just dont want to see people fall into scams, so be careful everyone. The scams will start to surface most likely. If it sounds to good to be true, it probably is.

Just be careful with your ID and money.

[Sam Odom]

I could see 50 books dropping in a month.

This could be good in the long run

Long Run = 6-12 months

[bigboydan]

I just dont want to see people fall into scams, so be careful everyone. The scams will start to surface most likely. If it sounds to good to be true, it probably is.

Just be careful with your ID and money.

You gotta watch out for people like Jacob Sterling aka nonuts. I'm sure he's out there in some type of fashion trying to scam people in these trying times.

[onlooker]

You gotta watch out for people like Jacob Sterling aka nonuts. I'm sure he's out there in some type of fashion trying to scam people in these trying times.

Exactly. I just want people to be alert, and not fall for anything down the road.

Because we both know, there are people out there that will try to scam people out of their money, or even their identity.