Anon on credit scores - eviltoast
  • kaotic@lemmy.world
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    1 year ago

    I know a guy who’s a multimillionaire. He came up from nothing and always had the mindset that if you have to finance it, you can’t afford it. A few years ago, he wanted to purchase an apartment complex, but was short by something like $500,000. He tried to get a loan, but the bank wouldn’t give him one because he had no credit. Instead, he sold two of his supercars to cover the difference and bought the complex.

    • elscallr@lemmy.world
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      1 year ago

      That’s a lie. Someone who has millions in dollars in assets the bank would just ask for some form of collateral. They wouldn’t rely on a fucking fico score. Also it would be a company owning everything, not a person. You’ve literally made all this up in the most stupid way possible.