My dad paid off his mortgage and owned his vehicles outright. He had been that way for about 10 or 12 years when he tried to buy a small cabin. Even though his finances said he could buy it outright, he tried to get a small mortgage…the banks REFUSED to give him a mortgage. They said he basically didn’t have a credit history. Its all made up bull excrement that screws with peoples lives for the fun of it.
My dad paid off his mortgage and owned his vehicles outright. He had been that way for about 10 or 12 years when he tried to buy a small cabin. Even though his finances said he could buy it outright, he tried to get a small mortgage…the banks REFUSED to give him a mortgage. They said he basically didn’t have a credit history. Its all made up bull excrement that screws with peoples lives for the fun of it.