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Even rich people take out mortgages, for plenty of reasons. Banks will look for any reason to charge you a higher interest rate. That $400 unpaid comcast bill i
by jliptzin 12y ago
Even rich people take out mortgages, for plenty of reasons. Banks will look for any reason to charge you a higher interest rate. That $400 unpaid comcast bill is a perfect excuse for them to charge you an extra $15,000 in interest or more on a loan (over the course of the loan's lifetime).
- judk 12y agoThis is why we get competitive bids from multiple banks.
- infinite8s 12y agoThey all use the same 3 credit reporting agencies (in addition to the completely non-transparent aggregate FICO score)