fuck i hate the bank

[tiedye]

I thought the donkey punch comment was mint. You buckled. Where's the fire? Where's the passion?


And I told you, it's ARF now.

[lildonkey]

arf reminds me of alf...




alf was the fucking shit!

[tiedye]

LOCK UP YOUR CATS TONIGHT! ALF'S IN DA HOUSE!

[Carrie]

my bank keeps upping my credit limit.

I can teach you how to be better with money.

[Grapes]

Originally Posted by Courtney

why can't I be a rich kid

Originally Posted by Courtney

my parents have bad credit

It makes life so much easier when posters answer their own question threads...

[AGROculture]

It's probably for the better
If you're in debt already, why add more for things such as going to Kelowna (unless you're going to Kelowna for school?)

I have unusually high credit for someone my age with my in come. This is because I have borrowed well over $250 000 in less than a year and a half and paid it all back.

Now when I am ready I can borrow what I need easily to start a business. I've never borrowed to buy a car (I don't have a car) for a vacation or any possesions. I only borrow money when I can make a profit. You should think the same way, and you'll be set. Some say its better to be rich in credit than to be cash rich. I like to think it's best in the middle.

[cubed]

^spoken like a true bill collector.

Originally Posted by tiedye

You guys should leave Courtney alone. One day I'm going to internet-marry her and THEN YOU'RE IN FOR IT!

DO IT!!!!


(seriously, but only if your hunky and not over 30)

[Courtney]

Originally Posted by AGROculture

It's probably for the better
If you're in debt already, why add more for things such as going to Kelowna (unless you're going to Kelowna for school?)

I have unusually high credit for someone my age with my in come. This is because I have borrowed well over $250 000 in less than a year and a half and paid it all back.

Now when I am ready I can borrow what I need easily to start a business. I've never borrowed to buy a car (I don't have a car) for a vacation or any possesions. I only borrow money when I can make a profit. You should think the same way, and you'll be set. Some say its better to be rich in credit than to be cash rich. I like to think it's best in the middle.

I know I understand what your saying but I'm going to school up there they have a program that I really want to get into and its really important to me...more important than money, and with it I can one day make some decent money

[rustybob]

Yeah, if the banks turned you down, try Wells Fargo. Not too long ago I was looking at consolidating all my credit card debt, so that I'd have more free spending ability, as well improving my credit. By consolidating, I was able to to acquire lots of stuff, including my new camera and a car.

Wells Fargo is usually pretty good for approving loans. They didn't ask for a co-signer, nor for any collateral. Also, when they approved me, I was at my job for only about a month and a half, so they'll approved semi-risky loans. If you're in Vancouver, they have an office near Kingsway and Joyce. In Burnaby, I seen they have one right by Gilmore station. Anywhere else, I'd probably check their website.

[Carrie]

wells fargo charges an arm and a leg in interest charges.

I would work on trimming your budget and paying off your debts slowly but on time.

talk to a financial advisor instead of people on fnk if you really want to help your situation.

in the next year I will be taking my Certified Financial Planner course, come talk to me after I finish.

[robyn]

it's for school. get a student loan. AM I IN CRAZY TOWN.

[Courtney]

I am i am

Maybe you should go on a date with tiedye in stead of the bank? I bet hes got money and is a lot more funny in case you start to cry again.

[cubed]

courts and tiedye should have babies.

[lildonkey]

*something witty*

[Courtney]

"Courtney you are ugly and should straighten your hair"

[tiedye]

Originally Posted by R Wellbelove

Maybe you should go on a date with tiedye in stead of the bank? I bet hes got money and is a lot more funny in case you start to cry again.

Why would you assume a guy named tiedye has money?

On that note, I'm rollin in toonies.

try a credit union..

[AGROculture]

If it's for school than yes that's a good debt
You should have no problem getting a school loan

if not talk to a career councilor and they have other options. To get turned down for everything, when it's truely for school is rare =)

[tiedye]

Limb.. I have to go out on a limb.

[liquidblue]

Originally Posted by F*r*a*

I gotta go out on a whim here and say there's no such thing as a "good debt"

Actually there is. In fanance we call this leveraging. A company with a high debt structure tends to be more risky as there is a much greater chance for pay out, however there is a much higher chance for profits as well. If a company/party is smart they can use debt to their advantage and reap the rewards.

[AGROculture]

Originally Posted by F*r*a*

I gotta go out on a whim here and say there's no such thing as a "good debt"

I disagree
Here's an example using really simple numbers off the top of my head that don't necessarily work perfect but the theory is true.

Lets say you want to buy a car that's worth $18 000.
Some would say that if you save up the $18 000, then that is better than borrowing. I think there's a better way.

Instead lets say you could lease the car for $350 per month, and a $1000 down payment.

So now you have $17 000 in the bank ($18 000 - $1000 down payment)

Now you could use that money as a down payment for a house.
Lets say it costs $650 per month for your mortgage, and you rent it out for $1000.

You can now use that $350 per month you're making on your home, to pay your car bills off.
Now you own a home and a car for the same price you would've paid for a car.

This is good debt

[tiedye]

I still owe my grandmother three free foot massages from coupons I gave her for Mother's Day in the third grade.

This is not good debt.

[Carrie]

mortgage on a house = good debt
student loans = good debt

consumer debt = bad debt