Hi Ken and Gary,

  Glad the credit union will help!!
  Ken, This not unheard behavior for a bank - I have banked with Suntrust since they gobbled up - Crestar - which had gobbled up whoever I was banking with - who in turn had gobbled up my orginal bank - NS&T - all the years banking with the same account - 1976  - I wanted to do a home equity line of credit - with a max of $30,000.00 ( I have roughly $300,000.00 in equity in the house - so I was asking for roughly 10%)if I needed the money for Amber's college than anything I really wanted to do - would have been nice to fix a few things in the house and pay off Citibank - but nothing huge. The idea was open the line and maybe spend a $1,000, for the bathroom floor - pay it off, then do the next small thing and have the money available for college when it was needed - I was turned down - they would refinance the whole house - but not do the home equity line of credit - why my credit is not sterling - actually I think its because they would get more out a refinance than just a small loan. Turns out I have saved enough money for Amber's college - so I can pay it outright.I can't imagine actually needing money - have that much tied up in your house and not being able to get to it inthe manner you want. If your credit is the least bit less than sterling - the banks have you over a barrel. Guess who won't finanace my next car!!! 

                                           Trisha

-----Original Message-----
From: St. John's University Cerebral Palsy List
[mailto:[log in to unmask]]On Behalf Of ken barber
Sent: Monday, March 21, 2005 8:52 AM
To: [log in to unmask]
Subject: Re: Thanks!!


please tell me that the bank is a prior  business
relationship. You did fire them i hope. and i hope you
put in a complaint with the comptroler general.

--- Gary Peterson <[log in to unmask]> wrote:
> Hi all!
>
> Just want to say thanks to everyone who gave me
> suggestions and
> feedback in trying to obtain a loan.  I'm extremely
> happy to
> report my quest was a complete success!!  While the
> bank I've
> been with for over 10 years turned me down saying
> simply their
> decision was based on the result of the numbers they
> put into
> their computer, My local community credit union
> couldn't have
> been nicer.  As well as being so nice, they said as
> far as they
> were concerned, my credit was just fine.  Thanks
> again and
> everyone have a great week.
>
> See ya-Gary
>



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