Monday, December 8, 2008

Credit Crunch!

If there is such a horrible credit crunch, why did Bank of America send my wife an offer of a $50,000 unsecured loan?


Rodak said...

Because that's how they make their money, and because they consider her a good risk.

William R. Barker said...

I hear ya, Anthony!


Some time before the Great Barker Banning of 2008 I posted info of a similar thrust at RT; out of the blue my primary credit card increased my limit by thousands apparently... err... just for the hell of it.


Also, just as another example of the NON credit crunch I'm experiencing... (*SHRUG*)... I had no trouble at all securing a pre-approved/guaranteed USED car loan, unsecured, at well under advertised rates.


* Rob.

YEAH... being a GOOD RISK is indeed part of the "puzzle." AS WELL IT SHOULD BE!!!

P.S. - I'm looking for either a demo or a used low mileage (15K or less) Charger RT. (*WINK*)