English Deutsch Français Italiano Español Português 繁體中文 Bahasa Indonesia Tiếng Việt ภาษาไทย
All categories

why can't poor people with a job be able to borrow some rich people borrow and still file bankrupt

2006-11-15 08:00:30 · 9 answers · asked by mishoney 4 in Business & Finance Credit

9 answers

People with poor credit have poor credit for a reason. Lendors use this information to protect themselves from losing money.

2006-11-15 08:10:28 · answer #1 · answered by Anonymous · 0 0

There is. The rates are higher due to the credit risk but loans are available.

I write a blog on the subject of credit management, mortgages, real estate trends, etc. Check it out for more information that may be helpful.

2006-11-15 08:11:58 · answer #2 · answered by Anonymous · 0 0

you can always borrow money you just need to know how i lend money evey day and i love it. i lower peoples payments, fix their credit, put their kid in collage etc. if anyone and mean anyone wants real answers just ask. sad part is most people are to closed mined to really understand or give it a try.

2006-11-15 08:15:51 · answer #3 · answered by lance 1 · 0 0

It's a nice thought but really not feasable. The only way I could see it happening is if they have the payment taken directly from the person's paycheck, but then you still have the problem of that person quitting their job.

2006-11-15 08:09:55 · answer #4 · answered by koral2800 4 · 0 0

absolutely. there are people are simply trying to rebuild their credit and not abuse priveledge of getting a loan with bad credit.

2006-11-15 08:10:25 · answer #5 · answered by GA Peach Rae 1 · 0 0

Go talk to Guido down in Little Italy. I believe he will be able to help you.

2006-11-15 08:03:22 · answer #6 · answered by boonietech 5 · 0 0

yes

2006-11-15 08:02:46 · answer #7 · answered by jack jack 7 · 0 1

i totally agree

2006-11-15 08:02:56 · answer #8 · answered by graciegirl 5 · 0 1

it would be nice.



it is not profitable to be nice.

2006-11-15 08:04:26 · answer #9 · answered by sobrien 6 · 0 0

fedest.com, questions and answers