I bought everything cash. Two houses and 2 cars.
Credit check my ass.
Once needed a lawn tractor. Had some other important project to put my monthly savings to .
They had one of these zero down and pay within a year deals.
Instead I made them a purchase offer:
40% down and monthly rate for 6 month with my pay stub as proof of income. No credit check. Local dealer agreed. If not him, one of the competition would have.
Young people with little assets are not the customers to buy new cars who can afford losing 10k by signing a purchase contract and pay interest at the same time.
I grew up "poor" and did everything without credit. No financial help from my parents to buy cars and homes.
If you run my credit, it will tell you:
No history, lol.
I bought everything cash. Two houses and 2 cars. Credit check my ass. Once needed a lawn tractor. Had some other important project to put my monthly savings to . They had one of these zero down and pay within a year deals. Instead I made them a purchase offer: 40% down and monthly rate for 6 month with my pay stub as proof of income. No credit check. Local dealer agreed. If not him, one of the competition would have. Young people with little assets are not the customers to buy new cars who can afford losing 10k by signing a purchase contract and pay interest at the same time. I grew up "poor" and did everything without credit. No financial help from my parents to buy cars and homes.
If you run my credit, it will tell you: No history, lol.