Stupid BullShit technicalities!!!!

Well I finally had time to book an apoitment with the bank in regards to a loan I want. Everything works out great. I get the desired amount of 10 000$ so I can finally get my car.

Then the bitch mutters it...co-signer. I ask why she needs one. Plain and simple it's because of my age. So what if I have been working in the same place for over a year and a half making more then enough to get that loan. Unfortunate for me I can't get that loan without a co-signer. I go to my parents for that and what do I get? You've been able to manage for yourself since you were 12, why come to us now?

WHAAAAAAAAT!?!?!

So now I asked my brother to see if he can co-sign it for me. But fuck I only get 2 weeks off until my summer term and I won't be able to book any more time off to actually get the car.


God I'm so pissed right now......hbdafkad kdfas kdfbb la lbsdbl !!!!!!11

That *Bleep* Sucks!!!

Sorry to hear that man, Ive dealt with the same thing before it sucks. You could always rob the bank.

Good news. Got a friend who works for the bank I'm with. Turns out I was pre-aprooved for a credit card with 9 500$, interest rate of 8.15% and only a 25$ annual fee. I'm just going to go with this instead.


When theres a will, theres a way

Wow, fortunate change of events. Glad to see you got something close to what you wanted..

BTW, what car you getting?

2nd gen eagle talon tsi awd.





Hopefully things will work out before I get back to school

Good ol Will. Good thing he works at the bank.

I got a somewhat (but not really) related story. When I was applying for a car loan, I asked repeatedly if it was possible to get a personal loan to buy a car, and they were like.. "Well it depends on how old the car is, and blah blah blah" and diverting my question to answers about a CAR loan. I ened up not even trying to finance with them because they werent answering my questions, and then a month later I get a letter from them saying that they are sorry to inform me they had to decline my credit request. Dumb asses. I didnt even try to get their credit since they were so difficult.

LOL, yea...I could have went with a student loan which requires no co-signer, but my limit would be a sorry 1500$. Now I wait 7-10 buisness days for the card, then it's off to vuy me a car.

sorry and glad things got worked out for you.

I had a similar situation when I bought my first truck. Finance company wanted a co-signer ... but I tripled my "down payment" to eliminate the co-signer.

Oh yeah ... :useless:





... I had to !!!! :lol:

Sounds usual Raz, you probably don't have enough credit history for the bank to be happy about it. Just be sure to make regular payments on the credit card for a couple years (on time or early, or you're screwing yourself!) and you won't have that problem again.

Just keep in mind that if you use the full $9500 on the car that will put you paying about $775 a month just in interest, thats not including paying off the balance on the card. If you could wait another year and save that 775 a month then you would have $9300 cash to put on a car, no money going down the drain for interest or fees.

dude, check your math. It's $775 interest per year, so about $64 a month. With that credit card the payment will be in the $300 range per month.

Gotcha, I just assumed it was per month like my credit cards that screwed me over before...damn interest rates...

Hey raz get me one of those cards while your at it!

my GOD.... you paid 8 a MONTH?! rofl... dawg, you got SUCKERED. Wait... I better check my intrest rates...

That's what I'm doing. I'm trying to get a business loan, which are almost impossible. Which is bullshit. So then if I can't get that, I gotta get a PERSONAL loan to USE for my business, then if I can't get ENOUGH, i gotta get a credit card, like you. and if i can't get ANY, I gotta get credit card with a higher limit, which is a pain in the ASS. *Sigh* why WOULDNT a company wanna throw tons of money at you and hope you pay it back!?

I already have a student credit card, been about a year now. Made all payments on time everytime. The car itself is going for 8 000, 7 500 if I polish up on my negotioating skills. So that's giving me an extra 1 500-2 000$ to spend on the car for whatever I choose.

Raz........you might have to pay a premium for the car if you put it on a card.
These cards charge the seller or retailer a fee for each transaction.
Mastercard= 3.5%
Visa= 2.5%
Amex= 3.75%

If you spend $9500 on a car, Mastercard will hit the dealer with a $356 charge. The dealer may insist they tack on this fee to the purchase price before they accept the card. Tell then to fvck off if they try it. Also, swing your best deal BEFORE you tell them you will be paying by card.

Raz........you might have to pay a premium for the car if you put it on a card.
These cards charge the seller or retailer a fee for each transaction.
Mastercard= 3.5%
Visa= 2.5%
Amex= 3.75%

If you spend $9500 on a car, Mastercard will hit the dealer with a $356 charge. The dealer may insist they tack on this fee to the purchase price before they accept the card. Tell then to fvck off if they try it. Also, swing your best deal BEFORE you tell them you will be paying by card.
Except that I will be making a withdrawl from the bank...basically using the credit card and the amoutn on it like a seperate account. Giving them the cash for the car, that way I avoid all these stupid bullshit expenses the dealer will try and charge me for. I will give them cash for the car and pay vak the credit. Pretty much like a loan or line of credit.

dude, u are asking for trouble, the interest and fees on a cash advance are gonna kill you.

Yeah; make sure there isn't a 3% fee or increased interest for cash advances before you take the $$.

my GOD.... you paid 8 a MONTH?! rofl... dawg, you got SUCKERED. Wait... I better check my intrest rates...

That's what I'm doing. I'm trying to get a business loan, which are almost impossible. Which is bullshit. So then if I can't get that, I gotta get a PERSONAL loan to USE for my business, then if I can't get ENOUGH, i gotta get a credit card, like you. and if i can't get ANY, I gotta get credit card with a higher limit, which is a pain in the ASS. *Sigh* why WOULDNT a company wanna throw tons of money at you and hope you pay it back!?


Cyprus, check into the Small Business Administration. For a small business, I think they have to give you a loan if you've been turned down by 3 financial institutions. Worth a look-see.

... So that's giving me an extra 1 500-2 000$ to spend on the car for whatever I choose.

NAAAWWWSSS !!!!!! :lol:

...The car itself is going for 8 000, 7 500 if I polish up on my negotioating skills. So that's giving me an extra 1 500-2 000$ to spend on the car for whatever I choose.

And there it is, the credit card trap. Now you're thinking that you have another 1500-2000 to spend, and about running the card up to its limit like it's your money in the bank.

That's not money in your account, that's going to be putting $$$ in the bank's account, on which you'll pay interest each and every month. So right now the interest rate is low, what happens in a year when they raise it to 18%. How about your student credit card? Is it paid off or you carrying a balance there?

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Sorry, don't mean to sound like a pesky parent, but I was in the credit card trap once. ONCE. Never again.

It's 2$ fee for a cash advance and a 25$ annaul fee on the card itself. The rate is fixed at 8.15% annually. My student card won' be used anymore seeing how the limit is only 500$, there is no interest or annual fee on that one.

Damn, no interest on the student card? That's cool.

Just watch the small print on the 8.15% card, and look in the mail for stuff to "change the card agreement".

Good luck with it dude.

Damn, no interest on the student card? That's cool.

Just watch the small print on the 8.15% card, and look in the mail for stuff to "change the card agreement".

Good luck with it dude.
Yea thanks for the advice. The student card has no interesrt because of such a low limit on the card. I will go over all the details of that damn interest with my friend who works for the bank and then figure out if I want to keep the card or not.

You could always use the card to get the car, make payments for about 6 months, then tell the bank that you'd prefer to have a car loan rather than a credit card, and take out a car loan to pay off the card (with no cosigner, of course). Just an idea.

banks are stingy, i was declined and i have good credit, make like 36000 a year, been at my job for 6 years, and there rate was like 14 percent!they would of been ripping me off!i ended up getting hooked up at my dealership at 8 percent. its good to be in the auto business! good luck raz, sounds like a fun car, turbo is the shizzle!