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As close as I ever got -PIC
mogley98
Member Posts: 18,297 ✭✭✭✭
To the mythical 850 FICO
Wife's is higher and she doesn't even have a job! LOL
Banker said it doesn't matter anywhere from around 750 up he says you get the same interest rate. I think it is a Ego thing
Why don't we go to school and work on the weekends and take the week off!
Comments
Over 800 you are not considered any form of a credit risk and can secure loans quickly and at lower interest rates.
I thought I heard at one time it might affect my insurance rates. I could be wrong on that. It didn't make any sense to me, but what do I know.
A low score might limit the number of channels I get on my TV for all I know. Either scenario seems possible.
I bought a 2010 Corolla in 2010. I did it through Toyota credit. The salesman comes back after running my credit check. He looked at me and said you don't have to buy a Corolla with your credit score, you can buy anything on our lot. I told him the reason for my high credit score was that I didn't buy anything I couldn't afford. What I can afford is a Corolla. He was a young guy. You could tell he didn't understand why you would buy a Corolla when you could buy something expensive, meaning something cool. I actually got that. I can remember being young and stupid. Not that much has changed except I'm not young anymore!!
And fiery auto crashes
Some will die in hot pursuit
While sifting through my ashes
Some will fall in love with life
And drink it from a fountain
That is pouring like an avalanche
Coming down the mountain
AMEN! That is why my retirement car is a base model Kia Soul, paid off three years early and I drive a 20 year old truck with 565,000 miles on it so I can afford to fly a 50 year old aircraft.
When I bought a house in '11, the bank told me I could get a loan for almost double what I was comfortable with. Isn't that how the mess started in '08?
"Never do wrong to make a friend----or to keep one".....Robert E. Lee
When I moved down to TN. I made sure I was debt free. Had paid off two previous Home loans, and when I moved down I paid cash for my house. I had no credit card debt nor did I have/use a credit card. About two years later, I went to buy a Jeep. I figured my Credit would be awesome as I was excercising fiscal responsibility. Nope.
The Jeep guys came over to my desk and explained that my Credit score was terrible, because i basically did not owe anyone $$, nor was I using Credit. I pretty much stopped caring what my "Score," was at that point, and since.