Originally Posted by Tx Redneck
It's crying shame huh?
What better example of failure of responsibility is there than some woman screaming barack obama is going to change things to a person repossessing her car? I use to underwrite these exact loans, and occasionally they would be given my direct number by a dealership, and be screaming at me that I'm racist for not giving them the car. "Actually ma'am, the reason I declined you is because you have a repo, a bankruptcy, a 2 month jobtime, and you've never paid an installment loan as agreed." I remember one time late in the evening I caught one of these calls just as I was about to leave the office, I had called her earlier because her credit was pretty terrible, and her co-borrower had excellent credit and I saw different addresses on the bureau, so I did what I normally do. "Ah yes, Diane, I have your mailing address, now I just need Adam's..." and she proceeded to give me an entirely different address, so I declined her, anyways she calls me back up screaming and cussing calling me a racist, blah blah blah, that I tricked her, etc... she's going to call the BBB and the government, etc. She wanted to talk to my manager - and I must have spent 15 minutes explaining over and over that I run this region and it's my call who I extend credit to, finally her cell phone battery ran out. This is the reason bad loans were written, because if you legitimately decline someone, they will make your life a living hell - because they feel like it's a right to own a new car.