Thursday, August 23, 2007

Whats up with this?

Whats up with this?

So I applied at a local money tree for a $150 small loan.. and I need a co-signer.. whats that about? I have a full time job, credit is ok.. geez

The Answer : Are you sure your credit is ok? When was the last time you checked your credit report?Point out your concerns to these guys and ask why a co-signer is necessary.Also note that at this time the banks are taking a beating on loans and mortgages, and are becoming extremely strict on who they give out loans to. That may be a part of it, but it's strange for a $150 loan to be this hard to get.

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