this post was submitted on 23 Oct 2023
1138 points (96.2% liked)

4chan

4246 readers
3 users here now

Greentexts, memes, everything 4chan.

founded 1 year ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] kaotic@lemmy.world 1 points 1 year ago (2 children)

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.

[–] randomdeadguy@lemmy.world 9 points 1 year ago (1 children)
[–] kaotic@lemmy.world 1 points 1 year ago

He’s just fine…

[–] elscallr@lemmy.world 4 points 1 year ago* (last edited 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.