Put on hold for now - ModernCamaro.com - 5th Generation Camaro Enthusiasts
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post #1 of 8 Old 04-25-2009, 10:55 AM Thread Starter
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Put on hold for now

I had to put on hold (for now) my Camaro. I learn a another ratio the banks looks at besides your credit score... Debt to credit ratio which is more important then credit score and mine is out of whack. I would always try and help my friends out and it seems it has come back and bite me in the butt (won't go into details). It has opened my eyes and i am doing everything i can to fix my situation. I am just as excited for everyone who is getting their new Camaro soon. I will still be on here to see pictures and hear the wonderful stories on everyones Camaro. I will get my Camaro one day. So everyone enjoy their new Camaro and i will be joining you all in the future.....

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post #2 of 8 Old 04-25-2009, 11:28 AM
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that sux. i hope you're able to get your camaro sometime soon



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post #3 of 8 Old 04-25-2009, 11:55 AM
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Yep, I wish more banks looked at income/debt scores instead of relying on the almighty FICO debt score

You are doing the right thing, good things are in your future for sure

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post #4 of 8 Old 04-25-2009, 12:03 PM
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Quote:
Originally Posted by bamaproshop View Post
I had to put on hold (for now) my Camaro. I learn a another ratio the banks looks at besides your credit score... Debt to credit ratio which is more important then credit score and mine is out of whack. I would always try and help my friends out and it seems it has come back and bite me in the butt (won't go into details). It has opened my eyes and i am doing everything i can to fix my situation. I am just as excited for everyone who is getting their new Camaro soon. I will still be on here to see pictures and hear the wonderful stories on everyones Camaro. I will get my Camaro one day. So everyone enjoy their new Camaro and i will be joining you all in the future.....
Bama, I'm so sorry to hear this. Get your financial situation fixed and join us soon.
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post #5 of 8 Old 04-25-2009, 12:58 PM
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Sorry to hear it bama

Though I don't know your circumstances, I've been in that boat before. It's nice to help out even when it hurts yourself a little in the process. But in the end, you do have to look out for number one, and only help when it won't hurt you in the long run.

"Yep, I wish more banks looked at income/debt scores instead of relying on the almighty FICO debt score"


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post #6 of 8 Old 04-25-2009, 03:11 PM
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Sorry to hear it man, but you are doing the 100% right thing.
Waiting a little while will help tremendously, and in the long run you'll be happy you chose this route.

Kudos to you!

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post #7 of 8 Old 04-25-2009, 08:15 PM
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Quote:
Originally Posted by bamaproshop View Post
I had to put on hold (for now) my Camaro. I learn a another ratio the banks looks at besides your credit score... Debt to credit ratio which is more important then credit score and mine is out of whack. I would always try and help my friends out and it seems it has come back and bite me in the butt (won't go into details). It has opened my eyes and i am doing everything i can to fix my situation. I am just as excited for everyone who is getting their new Camaro soon. I will still be on here to see pictures and hear the wonderful stories on everyones Camaro. I will get my Camaro one day. So everyone enjoy their new Camaro and i will be joining you all in the future.....
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post #8 of 8 Old 04-25-2009, 10:07 PM
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At least you shouldn't have weights on your calipers....

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