I have always wondered just what it is they use to determine some one credit worthiness today. I am one of those guys who as never been able to get a loan. I applied to one of these offer I got in the mail "bank of America" 10.000 8.99% after a half hour on the phone they offer me 500 dollars I laugh and hang up! Here's what they no, I'm a union employee 15 years, avg. yearly inc. 60.000, more true 8000 net a month cause as a union worker I rarely work more than 7 mo's. one credit card I owe 7.500, no mortgage, no bills, no bankruptcy, no late payments I make 32 dollars hour. My credit score is 720 I own my house I have had several always paid cash never ad a mortgage, never ad a car loan, never had a loan. I always have had credit cards always paid them on time. wife kids utilities phone car insurance only bills I have make plenty of money me and my family are basically dept free we travel every where yet I could not get a loan to save my live some explain this to me?
2007-10-25
04:06:52
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8 answers
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asked by
afarmboy87
2
in
Credit