Journey to adulthood..stalled..
So, despite the mouse being well within the range of credit scores necessary to get a loan (we decided to go through a credit union instead of a bank), and my income being more than enough to support the payments of said loan - we're still being asked for a mother fucking co-signer. I'm really, really, really getting sick of this bullshit. We told them we were trying to build OUR credit, we were up front and honest about what we made, how and the fact my primary income is about to increase once I change jobs. None of it mattered. We're young in the face and don't have even ten years of credit failure (because yes, this would actually make people more comfortable - no, seriously, it would) behind us. So, we're a risk. A high one. Since we don't have things like a house or another car for them to take away (despite the fact that they could simply repo and re-sell the one we're trying to get!) - they're uncomfortable taking a chance on us unless there's someone out there willing to pledge their hard earned materials for us. Bullshit.
We talked to them and explained again that this is about US. And, that they need to find a way to be comfortable without us needing a co-signer because we are trying to increase our own credit. This is fucking ridiculous. We're 25 and trying to follow all the rules. Getting a super low car loan (less than $10,000) is apparently the classic way to build credit. Most folks start this process years before us, but we have an actual credit rating and a LOT more income.
I've said it before and I'll say it again. I hate banks. I hate them with all my heart. They're pig-pens, full to the brim with weak, small-minded assholes who have no faith in anyone or anything and will only involve themselves in the world if there is absolutely no risk on their part and only profit. USURY IS A DEVIL PRACTICE!!
We talked to them and explained again that this is about US. And, that they need to find a way to be comfortable without us needing a co-signer because we are trying to increase our own credit. This is fucking ridiculous. We're 25 and trying to follow all the rules. Getting a super low car loan (less than $10,000) is apparently the classic way to build credit. Most folks start this process years before us, but we have an actual credit rating and a LOT more income.
I've said it before and I'll say it again. I hate banks. I hate them with all my heart. They're pig-pens, full to the brim with weak, small-minded assholes who have no faith in anyone or anything and will only involve themselves in the world if there is absolutely no risk on their part and only profit. USURY IS A DEVIL PRACTICE!!