I will, I will say they, so they did, we did work out a deal that was much better where they accelerated payments, so we actually did get paid back. But my philosophy was why, why are we taking this risk on what's otherwise? Every other loan we've done in this program has been 100% guaranteed. So why even take a single bit of risk? Because these loans were basically at the federal interest rates. These weren't, you know, getting 10, 15%. They were like maybe 4 or 5%. (14:36–14:41)
CLAIM
Asserts that all previous loans in the program were fully guaranteed.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
