well let me tell you about being fucked.. and I'm not talking about the good type..
I paid off 8 grand of student line of CREDIT and half of my 5 grand loan.
So I did this a few weeks back, then i call those fucking idiots at the bank of montreal today on the phone to make an appointment to apply for my Line of CREDIT.... they tell me to call this number and I will get their head office and apply over the phone. I told the lady I wanted to go into the branch because our family has history there and allot of money invested.. she says it wont matter and to call the number..
So I call the number and as we are going through. .the guy on the phone is like.. up.. this looks good.. this is good.. your credit looks good, this is good, yada yada.. But your Net Worth isnt enough to get you a minimal line of credit.. (which is 5 grand).. so I ask some questions... like.. how the fuck do I get my net worth up..
What does the little prick tell me... and I know this is the obvious answer... but he tells buy a house...... "its your biggest asset"... buy a house.... I told the little fucker that I wanted the line of credit incase something happens.. like my car breaks down.. or I loose my job... yada yada... if I own a FUCKING HOUSE and I loose my job.. I'll have that 5 or 20 grand for a line of credit.. but I will have a 150 thousand dollar fucking mortgage to worry about.
I understand what they are saying, but give me a fucking break.. in the last 8 years they have lent me 20 grand and I've paid it all off in half the time they asked.. and when I ask for a fucking line of credit they tell me to buy a house or get some RRSP's..
"for every 1 dollar we give you for credit we want 2 dollars of worth" So I'd have to save up RRSP's for 40 years to get 20 grand in credit
I really wanted to avoid owning a fucking house.. but my cold slap in the face today pretty much lets me know that if I want to have credit I've got to own a house of have a shit load of investments...
the worst part is they said my credit was good..... I dont understand it.. I'm so fucking pissed off I could kill one of those fuckers over there.
anyways.. i'm going to figure out how to get some "Investments" or pull a house out of my ass
Cheers
Sean
I paid off 8 grand of student line of CREDIT and half of my 5 grand loan.
So I did this a few weeks back, then i call those fucking idiots at the bank of montreal today on the phone to make an appointment to apply for my Line of CREDIT.... they tell me to call this number and I will get their head office and apply over the phone. I told the lady I wanted to go into the branch because our family has history there and allot of money invested.. she says it wont matter and to call the number..
So I call the number and as we are going through. .the guy on the phone is like.. up.. this looks good.. this is good.. your credit looks good, this is good, yada yada.. But your Net Worth isnt enough to get you a minimal line of credit.. (which is 5 grand).. so I ask some questions... like.. how the fuck do I get my net worth up..
What does the little prick tell me... and I know this is the obvious answer... but he tells buy a house...... "its your biggest asset"... buy a house.... I told the little fucker that I wanted the line of credit incase something happens.. like my car breaks down.. or I loose my job... yada yada... if I own a FUCKING HOUSE and I loose my job.. I'll have that 5 or 20 grand for a line of credit.. but I will have a 150 thousand dollar fucking mortgage to worry about.
I understand what they are saying, but give me a fucking break.. in the last 8 years they have lent me 20 grand and I've paid it all off in half the time they asked.. and when I ask for a fucking line of credit they tell me to buy a house or get some RRSP's..
"for every 1 dollar we give you for credit we want 2 dollars of worth" So I'd have to save up RRSP's for 40 years to get 20 grand in credit
I really wanted to avoid owning a fucking house.. but my cold slap in the face today pretty much lets me know that if I want to have credit I've got to own a house of have a shit load of investments...
the worst part is they said my credit was good..... I dont understand it.. I'm so fucking pissed off I could kill one of those fuckers over there.
anyways.. i'm going to figure out how to get some "Investments" or pull a house out of my ass
Cheers
Sean
antimony:
yeah, i'm fine, just a little freaked out. 