thedynasty1998
Posts: 6,844
Sep 29, 2011 9:18pm
Umm yea. 2007's are released in late 2006. It's pretty close to 2012.Big Gain;916464 wrote:"5 year old vehicle"? 2011-2007????
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sportswizuhrd
Posts: 3,215
Sep 29, 2011 9:33pm
The new model of cars/trucks/jeeps, etc. are released in June. So 2012 Tahoe makes the 2007 Tahoe 5 years old.Big Gain;916464 wrote:"5 year old vehicle"? 2011-2007????
se-alum
Posts: 13,948
Sep 29, 2011 9:44pm
Doesn't matter. How does a student with no income of any substance get a car loan for 15-20G's?? I'll give ya a hint, they don't.cats gone wild;915469 wrote:No one really knows the situation, and yes it seems kinda fishy. But, when you are looking at a 2011 Yukon vs. a 2007 Tahoe, theres a HUGE difference in price. This isnt like the Lebron and the H2 stuff. This is a 5 year old vehicle that costs less than a small new car.
thedynasty1998
Posts: 6,844
Sep 29, 2011 9:56pm
How do they get $1MM in life insurance policies? How do people with 500 FICOs buy cars? There is a way.se-alum;916535 wrote:Doesn't matter. How does a student with no income of any substance get a car loan for 15-20G's?? I'll give ya a hint, they don't.
Hell when I was in college I get an application for a Capital One Card. I had no income. Yet I was approved for a limit of $15,000. Maybe Richardson maxed out his credit card just like Boom Herron did to buy his car?
se-alum
Posts: 13,948
Sep 29, 2011 10:14pm
LOL....thedynasty1998;916555 wrote:How do they get $1MM in life insurance policies? How do people with 500 FICOs buy cars? There is a way.
Hell when I was in college I get an application for a Capital One Card. I had no income. Yet I was approved for a limit of $15,000. Maybe Richardson maxed out his credit card just like Boom Herron did to buy his car?
SportsAndLady
Posts: 35,632
Sep 29, 2011 10:25pm
You were approved for a $15,000 limit credit card in college?thedynasty1998;916555 wrote:How do they get $1MM in life insurance policies? How do people with 500 FICOs buy cars? There is a way.
Hell when I was in college I get an application for a Capital One Card. I had no income. Yet I was approved for a limit of $15,000. Maybe Richardson maxed out his credit card just like Boom Herron did to buy his car?
Automatik
Posts: 14,632
Sep 29, 2011 10:31pm
I'm calling BS. :laugh:SportsAndLady;916583 wrote:You were approved for a $15,000 limit credit card in college?
thedynasty1998
Posts: 6,844
Sep 29, 2011 10:36pm
Yes. Still have it to this day. It explains a lot about why our financial institutions are struggling.Automatik;916589 wrote:I'm calling BS. :laugh:
I think they may have decreased it to $10,000 about a year ago, after I was actually earning an income.
SportsAndLady
Posts: 35,632
Sep 29, 2011 10:37pm
Automatik;916589 wrote:I'm calling BS. :laugh:
Me three.thedynasty1998;916597 wrote:Yes.
se-alum
Posts: 13,948
Sep 29, 2011 10:39pm
Just stop, nobody is buying it.thedynasty1998;916597 wrote:Yes. Still have it to this day. It explains a lot about why our financial institutions are struggling.
I think they may have decreased it to $10,000 about a year ago, after I was actually earning an income.
thedynasty1998
Posts: 6,844
Sep 29, 2011 10:49pm
Okay I'm making it up, because that's what I do.se-alum;916601 wrote:Just stop, nobody is buying it.
I got my first CC right after I turned 18. Always paid on time, so in my senior year in college I got the card application with 0% for 12 months. I got approved for 15M. I couldn't believe it, and still think it was a mistake.
But it makes sense in some regards for the CC companies to do this.
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Big Gain
Posts: 2,073
Sep 30, 2011 12:07am
^^thedynasty1998;916496 wrote:Umm yea. 2007's are released in late 2006. It's pretty close to 2012.
^^ Ummmm....then the 2011s were released in 2010 were they not?
karen lotz
Posts: 22,284
Sep 30, 2011 12:09am
Big Gain;916667 wrote:Ummmm......then the 2011s were released in 2010....were they not?? ^
Um if it was actually a 2007 car that came out in 2006, its 5 years old now. The year that 2011s come out is completely irrelevant.
karen lotz
Posts: 22,284
Sep 30, 2011 12:10am
Ignoramus
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bigkahuna
Posts: 4,454
Sep 30, 2011 12:47am
1. In my neighborhood, we call that unlimited.thedynasty1998;916611 wrote:Okay I'm making it up, because that's what I do.
I got my first CC right after I turned 18. Always paid on time, so in my senior year in college I got the card application with 0% for 12 months. I got approved for 15M. I couldn't believe it, and still think it was a mistake.
But it makes sense in some regards for the CC companies to do this.
2. I'm pretty sure Kobe wouldn't get approved for 15M
3. I think you mean 15K
4. Because you can't keep your story straight between 15K and 15M, I'm calling BS
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bo shemmy3337
Posts: 962
Sep 30, 2011 1:52am
I also owned a new car while in college.
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bo shemmy3337
Posts: 962
Sep 30, 2011 1:55am
actually having money is college is rather common. My parents paid for my school so everything I made was mine to spend. I know I was lucky and this would be rare but many people get too much or more than enough money for loans. Also most college students can get loans for anything.
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cats gone wild
Posts: 2,651
Sep 30, 2011 6:52am
2007-08 1 year
2008-09 2 years
2009-10 3 years
2010-11 4 years
2011-12 5 years
The 2007's come out in late summer of 2006 and the 2012's are already out also.
2008-09 2 years
2009-10 3 years
2010-11 4 years
2011-12 5 years
The 2007's come out in late summer of 2006 and the 2012's are already out also.
j_crazy
Posts: 8,372
Sep 30, 2011 7:17am
bigkahuna;916680 wrote:1. In my neighborhood, we call that unlimited.
2. I'm pretty sure Kobe wouldn't get approved for 15M
3. I think you mean 15K
4. Because you can't keep your story straight between 15K and 15M, I'm calling BS
15 M is 15000
15 MM is 15000000
j_crazy
Posts: 8,372
Sep 30, 2011 7:20am
I was approved for a cc with a $5000 limit and bought a $27000 during my senior year so I will say its plausible what dynasty is saying.
thedynasty1998
Posts: 6,844
Sep 30, 2011 7:55am
I always understood credit scores, so at 18 I got my first CC and paid it in full monthly (with the help of parents). By my senior year in college my balance was minimal and I had zero student loans. From a creditors perspective I'm exactly who they wanted. They approve me for a decent limit and it's a card that I will use for the next 60 years.j_crazy;916746 wrote:I was approved for a cc with a $5000 limit and bought a $27000 during my senior year so I will say its plausible what dynasty is saying.
Speedofsand
Posts: 5,529
Sep 30, 2011 10:55pm
My truck is loaded with tailgating supplies. Trent is Gatorbait !
derek bomar
Posts: 3,722
Sep 30, 2011 11:25pm
lolpwn?j_crazy;916744 wrote:15 M is 15000
15 MM is 15000000
Laley23
Posts: 29,506
Oct 1, 2011 1:32am
Reps. I couldnt believe what I was reading.karen lotz;916669 wrote:Um if it was actually a 2007 car that came out in 2006, its 5 years old now. The year that 2011s come out is completely irrelevant.
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Big Gain
Posts: 2,073
Oct 1, 2011 2:19am
How about this bank? I needed to put a new well and septic system at my cottage on lake Michigan. I figured 10K would cover it. So I inquired about a line of credit on the property. They said it shouldn't be a problem, but they needed to send someone to check out the property. In the middle of the winter during a snow storm.:laugh: They give me a call and say everything is approved and come in and sign the papers. I go in and they want to give me $500,000. I tell them I only need 10. They say well at least take $100,000 to get the best interest rate. The best rate? 2.99% It's forever, just pay the interest.