Question about Scion tC's

Dude, I wouldn't have made that comment if the lender didn't tell me so themselves. I don't have any big debt. The largest debt I have ever had was that of 5g's for the Corolla I got from the buy-here-pay-here lot. My credit cards had a max of $1300 dollars on them as a limit. My fiance on the other hand had been in debt from student loans, a new car (tC) worth $20k and she makes HALF the income I make. The lender told me that I didn't have any large debts that I have accquired, not even in college because we paid cash for my education.

misinterpret? That's what he said "Word-For-Word". I make twice what she does, and have debt in the amount that I can pay with one paycheck(well except now I have a 350Z I pay for), but besides that, my debt can be wiped with one check. We have nearly the same credit score with her's being a few points higher than mine. Other than that, her debt to income is more on the side of debt. My debt to income is on the side of income. Now she has even more student loans because she just started going back to school.

Trust me, the system is screwed up.

It's how it works, in my experiences, too much income versus too little debt reflects negatively. Too much debt with not enough income also is frowned upon.

From what I've seen, about 50-60% debt to income is the prime place to be.

And if you're like Bill Gates, and make so much money, there is no possible way for you to ever be in debt?

Who cares about your credit score, you buy everything cash anyways.

I have had apartments with payments in the range of 800-870 a month. I think my buying power is good enough to try and pay for a motorcycle don't you think...

Yeah, but unless your making 100k a year, I don't see you paying cash for...lets say a house. Unless you live with your parents until your 30-35yrs old...lol

I think most lenders/banks/ C.U and financial entities that work with Motorcycle dealerships look for about 1-2 years of strong credit history and I mean strong, reason in being I dk why but that is what it looks like to me

Or mabye the fact that they are looked at as toys. A car is a necessity, and essential to daily living. A motorcycle is not.

There's a reason why cities have public transportation.
A car is by no means a necessity. It's a convenience to those who can afford it.

I'm speaking from a standpoint of Financial institution Lending you money for a Car vs. A Motorcycle....

Not a political debate...

I'd like to see you get by with the public transportation in the city im in, heh

ROFL! I didn't say public transportation was effective, I just said it was there.

To get to work by 8 via RTD here...I'd have to leave my apartment at 4 in the d@mn morning.

:lol

yea I dk about effective cause you'd have to sit at an RTD bus stop for 3 hours just to wait for one of the three buses u need to catch that day, you'd be better off walking or car pooling