Bank Does Not Finance Used Watercraft
| Listing Information | |||
|---|---|---|---|
| Amount: | $4,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 16% |
| Lender Rate: | 11% | Borrower: | NPLimited |
| Finished | State: | MI | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2006-07-07 | EricsCC ROI: | 10% |
| Status History | |
|---|---|
| Aug 30, 2006 | Current |
| Jul 25, 2008 | Payoff in progress |
| Jul 31, 2008 | Paid |
|
Hello and thanks for looking. I purchased a Seadoo personal watercraft last spring to help build my credit score. I am a young credit conscious person and have NEVER made a late payment. I started out with a visa which I made religious payments in full every month on. I then switched to another Visa which I still have. I also use an American Express card which is my primary card. I recently purchased a new truck that is a $400 a month payment that factors into my debt to income ratio, however that payment is reimbursed to me by my employer. The origional Seadoo loan I took out was never reported to my credit history so I finall dumped my bank and switched to Chase bank. I can get approved through the old bank but I refuse to do business with them after trying to get my situation fixed for over a year. My current bank only finances new boats and I have a deal worked out for a 2003 Yamaha with low hours. I currently work as an IT Support Specialist and Network Administrator for a large private practice Oncology/Hematology group in west michigan. Thanks again for your consideration. -Nick |
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