LogFAQs > #945680992

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Topic	My friend is getting a new car, which is pretty cool
InfestedAdam 10/10/20 1:22:11 AM #5:	CarefreeDude posted... I once bought a 30k car with no income, just had a really high credit score. Interesting. I can understand a high score helps but am surprise listing no income would not affect the chance to get the loan. Credit scores, to my knowledge, just shows how financially responsible/trusting one is. Granted I guess no income does not mean no savings. I assume the bank assume one will still be able to pay somehow. --- "You must gather your party before venturing forth" "Go for the eyes Boo! Go for the eyes!" <cite>InfestedAdam posted [p:945680992] in My friend ... [t:79031264]...</cite> <quote>CarefreeDude posted... </cite> <quote>I once bought a 30k car with no income, just had a really high credit score.</quote>Interesting. I can understand a high score helps but am surprise listing no income would not affect the chance to get the loan. Credit scores, to my knowledge, just shows how financially responsible/trusting one is. Granted I guess no income does not mean no savings. I assume the bank assume one will still be able to pay somehow. --- "You must gather your party before venturing forth" "Go for the eyes Boo! Go for the eyes!"</quote> ... Copied to Clipboard!
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