I applied for a loan with Tri City, but of course was turned down by the loan officer, Rebecca G, because I didn't have enough credit or income, even with a co-signer. I guess they feel you can't be trusted or are so afraid you won't pay your loan back because you don't have enough credit. It wasn't like we were asking for 100,000, it was only 9000 with a payment of 88. That could have been paid back easily. It is so frustrating when you know you can and will be able to afford to pay your loan back, but they only go by your credit or income.
It is so frustrating with these loan companies. They won't give loans if you don't have enough credit, even if it is good and never had any problems.
What more do these places want? Why can and how does not having enough credit or your credit score, mine which is 750, determine whether or not you will pay your loan back?
You know you can and will pay it back, but still they only go by how much credit you have or how bad or good it is. That really isn't right, or fair.
They won't give loans if you don't have enough credit, even if it is good and never had any problems, and have paid all of your bills and on time in full, and would continue to do so.
What more do these places want? Why can and how does not having enough credit or your credit score, mine which is 750, determine whether or not you will pay your loan back?
What, they feel like you are a bad person or you can't be trusted or are so afraid you won't pay your loan back if you don't have enough credit? That is really insulting and ridiculous. How much income or credit must you have to satisfy these companies before they will give you a loan?
Having good credit is still not good enough to give a loan. I am so tried of these loan companies judging you by your credit or acting like you can't be trusted to pay back your loan, when you know you can and will, just because you don't have enough credit.
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