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The Water Cooler
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Selling a property - owner financing
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<blockquote data-quote="dennishoddy" data-source="post: 3661269" data-attributes="member: 5412"><p>I do know that when you escape from credit like we did 15 or so years ago, your credit score suffers. Businesses now look at that score to see what they can charge you from real estate to vehicles. so when one is solvent, it costs more to purchase vs one that is depressed by payments into credit.</p><p>We now buy something on credit, make two or so payments, and pay it off. </p><p>Credit score goes to the moon! </p><p>Crazy how that works.</p></blockquote><p></p>
[QUOTE="dennishoddy, post: 3661269, member: 5412"] I do know that when you escape from credit like we did 15 or so years ago, your credit score suffers. Businesses now look at that score to see what they can charge you from real estate to vehicles. so when one is solvent, it costs more to purchase vs one that is depressed by payments into credit. We now buy something on credit, make two or so payments, and pay it off. Credit score goes to the moon! Crazy how that works. [/QUOTE]
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