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Non-Cattle Specific Topics
Every Thing Else Board
Ranch/Cattle Financing
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<blockquote data-quote="mitch2" data-source="post: 582054" data-attributes="member: 6621"><p>collateral and credit score, should not rank as high as the ability to make the payments.</p><p></p><p>I have flat out asked people who are in deep and now whining... Why XX? Why buy XXX? Why refi? Why (insert your choice)? Why did you do that? Didn't you figure a budget? figure anything? Why did you think you could afford it? <strong>Well, the bank/broker/lender wouldn't of given me the $$ if I couldn't afford it.</strong></p><p></p><p>WHY do <strong>no</strong> common sense people believe someone when they say here's the $$ you can afford it. But then get mad when someone says, no you can't have the $$, you CANNOT afford it?</p><p></p><p>I hear myself more and more and more saying, (especially to the kids) no, it costs too much, no we can't afford that right now, no, I don't have the money.</p><p></p><p>JUST so my kids can start understanding the concept of tightening the belt! </p><p></p><p>Michele</p></blockquote><p></p>
[QUOTE="mitch2, post: 582054, member: 6621"] collateral and credit score, should not rank as high as the ability to make the payments. I have flat out asked people who are in deep and now whining... Why XX? Why buy XXX? Why refi? Why (insert your choice)? Why did you do that? Didn't you figure a budget? figure anything? Why did you think you could afford it? [b]Well, the bank/broker/lender wouldn't of given me the $$ if I couldn't afford it.[/b] WHY do [b]no[/b] common sense people believe someone when they say here's the $$ you can afford it. But then get mad when someone says, no you can't have the $$, you CANNOT afford it? I hear myself more and more and more saying, (especially to the kids) no, it costs too much, no we can't afford that right now, no, I don't have the money. JUST so my kids can start understanding the concept of tightening the belt! Michele [/QUOTE]
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