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      10-26-2009, 02:05 AM   #14
FStop7
I like cars
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Drives: M6
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Quote:
Originally Posted by Georgeair View Post
Making around $500K, I must admit I'm surprised you'd get turned down, but even more surprised you applied to begin with!
If it's 0% financing it's free money, so you may as well. Plus it always helps to have good tradelines on your credit report. Income has no bearing on your score, so making good use of your credit is important if you want it to be looking good when you go for a big purchase.

oh and right now consumer credit is d-e-a-d. It may be years until it really comes back and even then it's not going to be anything like what it was a couple of years ago.

Remember a couple of years ago when every other TV ad was for AmEx, Capital One, Chase, etc? All of those ads are -gone-. Those huge marketing budgets are gone.
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