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horrible news

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Old 08-18-2006, 06:34 AM
  #1  
armymanhua
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Default horrible news

well i was getting my s/c.. but, right now i got like, 2 car loans out, few credit cards, so the bank was like... ehh.. we'll only give you 3 grand cus your debt to income ratio is high... so that aint gonna get my shyt... so I guess I gotta wiat til i pay off some shyt.. this fukin sucks...
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Old 08-18-2006, 09:30 AM
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czwalga00gt
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Default RE: horrible news

Sounds like the bank made a right choice... I personally wont buy anything with a loan/credit card... perhaps a house in the next 2 years but thats about it. If i dont have the money i'll save or wont buy it, i hate paying twice as much for something because of interest.
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Old 08-18-2006, 09:31 AM
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so1o2k3
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Default RE: horrible news

it's for your good...you shouldn't be taking out loans to buy a supercharger when you already have a lot of debt. that's spending money that you don't have
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Old 08-18-2006, 10:57 AM
  #4  
oxfordgt
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Default RE: horrible news

I agree taking a loan out for mods is bad buisness. Save for what you want leave the credit for cars and houses.
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Old 08-18-2006, 11:25 AM
  #5  
Chopper
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Default RE: horrible news

At that rate you'll still be payin on cars that don't exist anymore.A guy I work with has one of those invisible cars.He pays more for a truck than I do for my house.
Give the cards a break and get them paid off,ALL THE WAY,0 BALANCE before you buy anything other than gas.
Having a bank turn you down for a loan these days is pretty bad,they had a good reason.
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