GT vs Dark Horse

[faser]

^^^^^^^Very well stocked fridge. Good job!

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[RLE55]

Not the Märzen, but I do have some Paulaner in the bar fridge.

We try to keep a good variety on hand for guests.

Ok, the Get Together will be at roadpilot's house....

 

[roadpilot]

Ok, the Get Together will be at roadpilot's house....

I have room for a few @ my bar, @RLE55

 

[faser]

^^^^^^^Outstanding Man. You get it.

 

[RLE55]

Oh I'm there, especially after seeing a popcorn cart...I'll bet there's a hot dog rotisserie too....

 

[Klipshpoke]

That must be nice to be able to trade in a relatively new car for a newer one. Was your credit affected at all?

I don't know exactly how they figure credit but it's stupid. Pay your car off early and your credit drops..... WTF???

 

[Radiant]

I don't know exactly how they figure credit but it's stupid. Pay your car off early and your credit drops..... WTF???

Yup, dropped from 840 to 790 credit score from early loan payoff on current car and Ford Financing credit pull. Of course the 1.9% financing Ford offered me will expire before my car arrives, but whatever, I'll pay cash if they don't have an incentive rate in the Fall.

 

[roadpilot]

Oh I'm there, especially after seeing a popcorn cart...I'll bet there's a hot dog rotisserie too....

Look on the counter by the fridge: 9 row hot dog roller.

And everyone has a SuperChex bubble hockey game, right?

The bar and the other stuff is about 1/4 of the finished basement.

 

[BoostRabbitGT]

I don't know exactly how they figure credit but it's stupid. Pay your car off early and your credit drops..... WTF???

If I'm not mistaken though, somehow your credit isn't affected (too much) if you trade in your financed vehicle, get more than what's left to pay, and then use that as part of the down payment towards a new vehicle? Is that even a thing? And if that is the case, why is it that way?

 

[Zig]

Look on the counter by the fridge: 9 row hot dog roller.

And everyone has a SuperChex bubble hockey game, right?

The bar and the other stuff is about 1/4 of the finished basement.

When the foosball table is a rink can’t wait to see what you did to air hockey and darts

 

[Zig]

If I'm not mistaken though, somehow your credit isn't affected (too much) if you trade in your financed vehicle, get more than what's left to pay, and then use that as part of the down payment towards a new vehicle? Is that even a thing? And if that is the case, why is it that way?

All within six months the hit is relative, it’s the median of the averages.

 

[faser]

I don't know exactly how they figure credit but it's stupid. Pay your car off early and your credit drops..... WTF???

This is precisely what has happened to me.
Essentially had no meaningful credit score as I had not taken on any car loans, installment loans, credit card balances, or mortgages, for 20 years. Credit score was 770 based on no credit and then took a car loan to get the $1500 financing incentive. Paid it off 6 months later and credit score dropped 35 points. Did the same thing again 18 months later and now down to 715.
There is no sense to this BS what so ever. Finance everthing in your posession half of which you can't afford along with carring credit card balances and they will reward you with an 800+ score.
Ya think they do this to feed their own industry and have us all working for the bank our entire lives? Naaaaahhh!

 

[Zig]

Ya think they do this to feed their own industry and have us all working for the bank our entire lives? Naaaaahhh!

Credit is something you pay for, a score is how much one gets. Banks know how much money they are gonna make, being that’s their business, a higher score the better the chance they’ll collect (as in get paid). It’s a game of debit over time. You gotta carry it to build it, have it to get it, earn it to prove it, suffer it to enjoy it.

 

[Upacurb]

I like where this thread has gone to…some of my collection for your consideration…

 

[Upacurb]

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