/biz/ - Business & Finance

Hello friends I already made it in the crypto world and have slowly been cashing out to avoid taxes. But this is by far the last coin I will let go of after LTC and before BTC. No joke its the token that does 1 thing well, and that one thing is follow in his big bros footsteps.

>>28132716
FUck off. Youll never be a woman OP.

The credit rating system hates you.

If you're younger than 40, no matter how well you suckle on Big Credit's foot, your nice credit score won't mean shit when you try and take out a loan for a house.

Car? Sure, they'll give any idiot a car because they can always repossess it and charge you up the ass on interest. A house however is much harder to repo. Both small business loans and first time home loans are partially backed by the government, meaning if you default on the loan the government ENSURES the bank doesn't lose a certain amount. I believe it's 50% for small business loans.

Banks have a narrow set of professions they only lend to that mostly boomers occupy. They won't lend you money if your profession is anywhere outside of that.

Oh, you're a computer programmer consistently making $80k a year independently for the past 3 years? Denied. You don't work for a big company like Google.

Music or sound engineer? Unless you work for a fortune 500 company, you aint getting shit. Large companies that do have these professions are occupied by old people who survived all of the layoffs and do a good job at this and never want to retire, this is why most people in this profession are independent. To banks, this profession is too "new" and scary to risk lending money to!

Computer repair person? Nah. We don't understand that business. Look up louis rossman and how he couldn't get a loan on HALF the money he already had in his account.