Recent content by scfoster

Actually no they don't. A dealership sells you a car they did not manufacture and more than likely don't own (floor plan). But, they are still selling you a car, as most consumers understand it. Same with money. A consumer may need money they don't have (or don't want to spend what they do have...

My first post on the forum and I happen across a subject I know well (in the banking biz). Everything depends on two things, your collateral and your credit score/history. Period. The rest is merely the cost of borrowing the $$$. Remember, banks sell money. No sales, no profits, no open doors...