Selling the ISAs would make it more indirect, but this article is referring to b... | Hacker News

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		hundt on Feb 19, 2020 \| parent \| context \| favorite \| on: Lambda School’s Misleading Promises Selling the ISAs would make it more indirect, but this article is referring to borrowing against the ISAs' future income, which does not make it more indirect.

akanet on Feb 19, 2020 [–]

allred copped to straight up actually selling ISAs in the past (despite denials) as well

hundt on Feb 19, 2020 | [–]

Yep, if Austen misled people that's bad. I am just disputing the argument that the later practice of using them as collateral for a loan is financially similar to selling them.

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