Quote:
Originally posted by sebastian_dangerfield
My God. How did I ever get a mortgage? And who loaned me the money for that damned german car?
I've paid just about everything imaginable late and I'm sitting in a house, with a car, with credit cards. Explain.
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You are probably just paying higher interest rates than you otherwise would be. If the only bad thing was that missed payment years ago, it's fallen off.
It's not that you can't get a loan -- fuck, anyone can get a loan -- it's that the rates differ depending on what the lender thinks the risk is.