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Re: Used A4 Prices
> There is a moral in all this somewhere--probably has to do with the role
> your banking institution sees itself playing in your life. Before you
> think my bank is comprised of nothing but wonderful people standing on
> the 2nd floor throwing out baskets of money--I have never been able to
> get them to finance any boat I have ever bought. I've been a member of
> this credit union for more then 25 years, my payment record on everything
> is impeccable, I show them the industry statistics that sailboat loans
> are the absolutely safest consumer paper you can hold--lowest default of
> any kind of paper including home mortgages, etc. Their answer is always
> the same--we don't do boat loans.
Credit Unions seem to be weird critters ... I recently asked mine to raise
the credit limit on my credit card to something more useful than $1,500 as
their interest rate is one of the lowest I've found. They said no ... not
because I'm a bad credit risk (quite the opposite, in fact) but because it
was their policy not to issue cards with higher credit limits to limit the
losses they might suffer. It's a good thing they've got non-profit status
since I'm not sure they would know what to do with a proft it they managed
to earn one!
_ _
/ l l o l \ l o Jeffrey Goggin
/__l l l / l l l l l l / l l AudiDudi@delphi.com
/ l l_l \_l l l__/ l_l \_l l http://people.delphi.com/AudiDudi