Edward Wells5 said:Ugh, give me a break...
Back when HROK was actually around, I never had a single issue getting a loan approved. Now that they're gone? Suddenly, according to them, I'm some kind of credit risk. It’s a joke.
My take on this whole mess is a bit different, though. Without HROK in the picture, it feels like everything has gone sideways. You’ve got these shady characters—not saying everyone, obviously—who are somehow pulling loans out of thin air, while people who actually have the cash to pay them back (again, not everyone, but you get the point) get slapped with a rejection. In my case, I'm being denied the exact same deals that these obvious scammers are getting handed on a silver platter.
Honestly, I’m rooting for HROK to make a comeback. Things might actually start making sense again once they do.
Look, if you're creditworthy, you're creditworthy. There shouldn't be any games being played.
HROK is just an indicator of everything else. In my situation, for example, it might look like I'm drowning in debt, but how am I supposed to prove my income from tourism to a bank when that cash isn't going through the specific account I use to pay my taxes? The American version of HROK basically runs on consistency; if you have ten loans and you pay all ten back on time, you get the eleventh one.
And as for what they'll offer you, you'll probably get the same thing you were getting before, if not less, especially since the Federal Reserve has really tightened the screws on banks regarding personal loans.
By the way, which bank do you use? If you're curious, I could try to run the numbers on your creditworthiness or explain how the math actually works.