08-24-2009, 01:23 AM
|
#19
|
Major General
Drives: 2018 340i M Sport
Join Date: Apr 2006
Location: Chicago, Edgewater (via Texas & Tennessee)
|
Quote:
Originally Posted by jpsum
Income gets you the loan. Credit gets you the rate.
If you have good credit but no income, you won't get the loan.
If you have bad credit but good income, you will get the loan at a higher rate.
|
Bingo!
|
|
|