Re: HOW HARD UP IS EBAY?

On Tue, 26 Jul 2005 21:26:12 -0400, TyMeDwn1st
<tymedwn1stPEARLS@xxxxxxx> wrote:

>On Tue, 26 Jul 2005 10:32:26 -0400, blank@xxxxxxxxxxxx wrote IRT my
>comments:
>
>
>>>I've seen a signature loan denied for an applicant with reasonably
>>>good credit but who had a $35 unpaid collection item that was four
>>>years old and two 30-day slow payments almost two years prior.
>>>
>>>As a general rule of thumb, we don't make loans to folks with unpaid
>>>"trade" collection items [reporting on their credit reports] unless
>>>they can provide proof the item has been paid in full. We're less
>>>strict about unpaid medical collection items, at least relatively
>>>small ones. By and large, and despite horror stories of urban-legend
>>>proportions, it's not usually difficult to get credit reports
>>>corrected these days.
>>Isnt a signature loan what a person gets when they have essentially no
>>collateral?
>
>No, that's incorrect.
>
>>I assume this person couldnt get a credit card or he
>>would have simply charged the money to it.
>
>Bad assumption. I write signature loans every day for folks who have
>their auto loans, their mortgages, and their platinum Visa cards with
>us.
>
>
>>By the time a person is in such bad financial shape, wouldnt it be
>>rather difficult to get a loan regardless of whats on his record?
>
>Nope. Your knowledge of lending practices is dismal, and your logic
>is flawed. Perhaps you simply have limited experience with obtaining
>credit?
>
>
Ya know its hard to imagine anybody having a very pleasant time
borrowing money from you or even sittin' in the same room having a
conversation. You are rude, inconsiderate and worse, you dont seem to
back up anything you say with facts. OK, my knowlege is "dismal", so
please, oh Great Wellspring of Financial Wisdom, please tells us
ignorant scum, WHAT THE HELL IS A SIGNATURE LOAN AND WHO IN THE WORLD
WOULD WANT ONE considering its almost unobtainable.

In the world of usury and loan-sharking you may be a top dog but in my
book you are just another pissant who cant be happy unless he is
declaring everyone who so much as questions him to be a fool.

Fortunatly, I do have credit cards, pay 'em off in full every month,
and have never had to borrow money. Not bad for a dummy with dismal
knowledge. And if the folks I deal with financially are telling me
wrongly that my credit is excellent despite stiffing a few slimey
vendors who tried to extort money from me, well it hasn't stopped me
from enjoying the privilages that the "appearance" of good credit
brings. So even if they are totally wrong and you and you alone are
right, I think I'll stick with them since it seems to have benefited
me financially.

Now run over to your keyboard and hammer out yet one more screed since
I wouldnt pin a medal on ya. Happy lending!
>>Isnt it possible that the reasons you gave above were simply the loan
>>companys excuse for dumping a dodgy customer whom they really didnt
>>want to deal with?
>
>You're more clueless than I initially thought. It's not a "loan
>company." I work for a large credit union with $3 billion in assets.
>We work hard to find ways to handle our members' credit needs, but
>even so, we'll generally decline an application from someone with
>unpaid collection items, charged-off accounts, and/or a history of
>slow payments.
>
>
>>This also doesnt indicate if the person simply went elsewhere and got
>>a load anyway. But I doubt if many of the sellers in this NG are in
>>such straits.
>
>As I said, you're totally clueless and apparently uneducable.

Yeah, but I dont have to rip people off for a living, as I'm beginning
to believe you do. What is it with you trolls anyway. Go sell
something on the auction and insult yer buyers for a change.
.

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