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To: SouthFloridaGuy who wrote (97052)4/21/2001 2:46:19 AM
From: S. maltophilia  Respond to of 436258
 
You've got a free credit bureau report coming. Might want to check it out and make sure there's no bogus info on it.



To: SouthFloridaGuy who wrote (97052)4/21/2001 6:44:03 AM
From: Ilaine  Respond to of 436258
 
Message 15617839



To: SouthFloridaGuy who wrote (97052)4/21/2001 9:00:15 AM
From: marginmike  Respond to of 436258
 
dont feel bad NYC boy, I have a net worth in the high 7 figures, which is all in CASH or Govt MM. I have several business that gross 10-15 million a year. I have two credit cards which have no balances, No mortgage, and no debt. I was turned down for a credit card as well. My monthly Amex bills are usially in the 5 figures. The system is completly flawed when people with 20 credit cards can get new ones and those who do not utilize credit get turned down despite steller balance sheet's. I wanted to take advantage of a zero balance card, and do a litlle carry trade-g- These companies have a formula that doesnt take into account ones balance sheet or financial viability. What they do is look at who has the best record of paying back debt's. There was a time the CC co's would ask for bank info etc. Noww they look at a number from a disfunctional Bureau.



To: SouthFloridaGuy who wrote (97052)4/21/2001 9:33:18 AM
From: jjetstream  Respond to of 436258
 
<I have 6 credit cards with
NO balances on any of them>

Thats what hung you up.....you *have* 6 cards.....they will underwrite you as if you could run up the balances at a moments notice....

Dood, cash advance all of those and dump it into QQQ Leaps.....<gg>



To: SouthFloridaGuy who wrote (97052)4/21/2001 9:54:00 AM
From: JRI  Respond to of 436258
 
Re: Credit cards...

"You are the weakest link. Goodbye" gg