[SOC] a lively list

KD7JYK DM09 kd7jyk at earthlink.net
Tue Jul 20 19:42:00 EDT 2010


I had a girlfriend who needed a new car.  She had her eye on a new Toyota 
Corolla sedan.  She contacted the bank she had been with for several years 
for a loan.  She didn't hear from them for a while so I suggested she try 
the credit union.  They bought the car for her and her monthly payments to 
them were extremely low, the interest rate around 1.5-2% at the time.  Six 
months later, she heard from her bank, they denied her request for a loan.

Currently, we are operating on one income, out mortgage is 12% of that.

Kurt

----- Original Message ----- 
From: "Michael Coslo" <mjc5 at psu.edu>

: Correct- a- mundo! I bought a house that was 50 percent of what the bank
: would  lend me, (one of the real estate agents I tried called me stupid)
: refinanced to lower the interest rate, not to buy an Escalade, arranged 
the



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