Nissan's lenders (more like everyone now) have been extremely stingy; and even if you're 25, unless you have an excellent history of revolving credit (constantly borrowing and paying large amounts, constantly being the word), a good percent of lent money vs available credit, a long history of having credit (think 10+ years of having a credit line), etc., you will be denied.
Not to mention the poor economy.
That's even more ridiculous, because when you think about it, say you're an accomplished, well off 40 year old businessman grossing a yearly income of 200,000 dollars. You have paid off all your debt and have no debt, period. You live in a home, fully paid off. You also have access to a grand total of 100,000 dollars of credit. Which is completely unused. People will call you and start cutting your credit lines because you have too much available credit versus loaned amounts... isn't that idiotic? Basically, the less debt you have, the lower your credit score. It's unbelievable.
Sure, it's not nearly as simple, and I'm probably completely butchering how it actually works, but that is true.
Also, just get your parents to cosign or go to the bank and figure something out. Just because someone denies you a loan doesn't mean you should fly off the handle. I admit, that's some ********, but you can't let trivial money issues (not so trivial nowadays) limit you from getting this wonderful car. If you're just going to stop because of this, you'll never get what you want. Perseverance and patience are virtues, and probably should be necessities. I have to agree with azn370z, if you're angry and not going to get a Z just because of this, than the 370Z just isn't for you.
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-Phil
"Since one of my brake light bulbs just went out, the forum told me that my piston rings are about to blow."
Last edited by 370Z Purist; 06-25-2009 at 09:40 PM.
Reason: moar stuffz
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