topic Re: Why bother! in General Credit Topics

Why bother!

Anonymous — Tue, 08 Jun 2010 20:34:48 GMT

More of a rant than question; To sum this up I closed on my house on April 30th and this past Saturday, the 5th of June, the A/ C unit decided to burn itself up beyond repair. Ok s&*^ happens, had a repairman out Sat night as its hot where I live and confirmed I needed a complete new unit for the tune of about 6k, yeah for me! Well just being a month and 4 days into my house and using the majority of my liquid reserves, I figured I would go to my bank of 10 years, and get a loan for the repair using my title to my car as collateral, and repay when my FTHB credit arrived. Well that plan never got off the ground because I was told the collateral was too old, nothing over 5years will work, and no longer do signature loans like several I have had with them in the past! So I was shot down over the phone without even a credit check or "I’m sorry we can't help you"! I had the old unit removed by the repairman and told him I would get him 50% of the repair to get the new unit , and I have yet to get any bank to even entertain looking at my credit which is all mid 700"s, so I don't know why I bother tirelessly trying to make payments on time and keeping cc and things paid off?? Why flipping bother.

Sorry for the rant, just really disgusted right now!

So happy!

Re: Why bother!

Anonymous — Wed, 09 Jun 2010 21:32:36 GMT

Well this is the cherry on top! I decided to try the bank that gave me my mortgage, well they have come back and said everything looks great EXCEPT my credit card is too high, I have 2 which I owe a total of 5500 on which I was going to use the FTHB credit to pay them off. So I was able to get a 200k mortgage with the cc debt but a 6k loan I cannot! WOW love the banking system! Really ticked!

Re: Why bother!

marty56 — Sat, 12 Jun 2010 23:28:10 GMT

Last week I lost my A/C unit, computer, water softener and alarm system to a ligtining storm. Check with your insurnace company since it may be covered. Also I would check with the poeple installing your A/C unit. The company I delt with offered me 12 months same as cash.