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Bank loans

 
 
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paul
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PostPosted: Mon Feb 23, 2004 10:23 pm    Post subject: Bank loans Reply with quote

Why is it that the banks offer you loans when your business is firmly established, and you're not looking to borrow, but refuse to help you in your impoverished student days when it was really needed? Grrrr... Cussing

Paul
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trev
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Location: NW England, UK
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PostPosted: Tue Feb 24, 2004 9:41 pm    Post subject: Reply with quote

Because you're too old for a student loan? Wink

Actually from what I'm told, getting a student loan, sticking it in the bank and then paying the capital back at the end is a really good idea due to the bizare way many banks work their mortgage lending according to a mortgage specialist.

You can also sometimes get mortgages more easily even if you haven't paid the loan back because you're not earning enough. Apparently in the banking system if you've shown that you've had a loan and not got into debts paying it back, then you're the ideal candidate for lending 100K to! Shocked

Is it just me, or has someone misprogrammed the banking computers somewhere?

Trev - who got paid about 2K of your money for going to college 2 days a week... Very Happy
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