this post was submitted on 23 Oct 2023
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[–] [email protected] 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.

[–] [email protected] 9 points 1 year ago (1 children)
[–] [email protected] 1 points 1 year ago

He’s just fine…

[–] [email protected] 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. Also it would be a company owning everything, not a person. You've literally made all this up in the most stupid way possible.