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Investment or not, you’re claiming people should only buy cars and houses for straight cash? News flash - most of this country isn’t sitting in six figures of t

• FollowingTheDao 4y ago
  I live on disability and bought the van I live in with cash so do not tell me you need credit to buy a car. Housing may be the exception, but you do not need a good credit score to get a loan for a house. Banks do not make these decisions on credit score alone. https://www.ramseysolutions.com/real-estate/no-credit-score-no-home https://www.ramseysolutions.com/real-estate/no-credit-score-... What I am saying is that people should be spend less, save their money, and never going into any kind of debt, and ignore their credit score.
  • scarface74 4y ago
    Please don’t quote Ramsey. His whole mission is to funnel people into his high cost advisor and loan products. He also says that you should give 10% to the church while getting out of debt.
    • FollowingTheDao 4y ago
      Sorry, I don’t look at people with an all or nothing attitude. I disagree with Ramsey on so many things, specifically his greed, but he’s not wrong about the ability to buy a house without a ton of leverage.
      • scarface74 4y ago
        He very much encourages buying a house with 20% down. He just encourages you to do it through non standard underwriting criteria with high interest rates where he gets a cut.