They are Giving $$$$$ Away..........

[The Cobra]

Come to SW Ontario boys and girls, they are giving away cash !!
Before I start this little tale, I`ll state that every word is the total truth, on my kids` lives.
The guys around here that know me well can remember a few stories I`ve related about who I lovingly call "the village idiot"------my son. Well here`s another one for any who may be interested. Most importantly I`ll repeat myself so nobody gets the wrong idea----I love my kids dearly and on a second`s notice would give my life for any of the three. My son is 21 yrs old, a hockey player, never had any legal problems, doesn`t do drugs and basicly is a great kid by anyone`s standards. He`s like all of them---room is a disaster and even a rare little mouth he gives me---other than that he`s pretty well got his crap together. Except he`s dumb as a post-----here`s why...........

As some may have noticed Mclovin and I went back and forth in a couple threads re how my son blew his engine in his car on Christmas eve by "forgetting" to put oil in it. He "forgets" everything till daddy gets fed up and just does it----but not this time. So...we got a 21 yr old kid, girlfriend etc etc who out of his own stupidity has no car anymore. His solution----he was going to waltz into the dealership and get a loan and buy a car------BWAHAHAHA. Good-----soon he was going to learn what I have failed to teach him. Nobody hands you anything, you have to work hard and earn what little you have. I told him I couldn`t co-sign for him cause I just did for his sister`s nursing school. (truth) and he understood.
Yesterday he got dressed in his finest----a clean sweatshirt, running shoes, levis and a backwards Minnesota Vikings cap. I told him what he need as far as paperwork---he could only find a paystub for last July that looked more like a piece of Kleenex rather than paper because it layed in a pile on the floor so long. His insurance papers looked the same. He borrowed my truck and left----all I could do was to hold my laughter till he got out of the driveway. I figured the least he`d do is give some of the sales people a laugh and a good story to tell over the holidays.
So here we are----a 21 yr old kid, lives at home, no credit rating (as in 0) cause he pays cash for what he wants, no bills to show he ever made a payment on in his life. He just got a credit card about 2 mnths ago with a $500 limit. He does in his defense, have a job where he won`t get laid off, has been there for 3 yrs and brings home about $500/wk. I figured it would take about 5 secs for them to throw him out on his can.
I was shocked when he said the salesman (friend of mine) showed him a couple cars and he picked one ----pending financing 100% of it. another BWAAAHHHHHAAAAA---not happening but I figured I`d let him find the harsh reality himself that he can`t just waltz in and someone will hand him $15,000.


Phone rang from the dealership in about 2 hrs----saying he could pick up his new car at noon today. My jaw dropped and was speechless except to say congratulations.
All he said was "that wasn`t so hard".

Mac was right "Common Sense is Dead"

[fifties]

Common sense was alive and well with the dealership;

They had an applicant with a perfectly clean credit record (you said he paid cash for everything, and a two month old credit card shows he qualified with another credit provider).

Credit; pass.

He's had a job for over two years, and produced a paystub so they could verify employment and earnings.

Income, pass.

He lives at home and is not obligated to pay rent, support a wife, etc.

Debt to income ratio, pass.

The laugh's on you, dad.

[freddydog1]

Common sense was alive and well with the dealership;

They had an applicant with a perfectly clean credit record (you said he paid cash for everything, and a two month old credit card shows he qualified with another credit provider).

Credit; pass.

He's had a job for over two years, and produced a paystub so they could verify employment and earnings.

Income, pass.

He lives at home and is not obligated to pay rent, support a wife, etc.

Debt to income ratio, pass.

The laugh's on you, dad.

yup ,,having 4 kids the youngest is 21 ,,i can tell ya for sure the laugh is always on dad ,,

[JCO]

He should of gone to the Mercedes or Bentley dealership...LOL

[The Cobra]

Common sense was alive and well with the dealership;

They had an applicant with a perfectly clean credit record (you said he paid cash for everything, and a two month old credit card shows he qualified with another credit provider).

Credit; pass.

He's had a job for over two years, and produced a paystub so they could verify employment and earnings.

Income, pass.

He lives at home and is not obligated to pay rent, support a wife, etc.

Debt to income ratio, pass.

The laugh's on you, dad.

Sure was bud------

But now with stuff like this going on how do we try to instill into our kids that everything isn`t handed to you----you have to work and save and do with out to get what you want. I still can`t believe they just handed that kind of money to someone with no collateral and no credit rating. While parents try to teach their kids---society hands stuff like this to them and wonders why kids turn out spoiled. I don`t get it. I understand it, but I don`t get it.

[The Cobra]

He should of gone to the Mercedes or Bentley dealership...LOL

Maybe next week my daughter can go buy the space shuttle.

[JCO]

Cobra you never spoke of the interest on the loan...LOL

[The Cobra]

Cobra you never spoke of the interest on the loan...LOL

Nothing of note---I thought of that also, that they just ripped him but nope all was norm----smart thing he did tho was agree on the 3 yr added bumper to bumper warranty. My bud looked over the paperwork while he was doing it so I didn`t worry that end. My bud has worked there for 25 yrs and he didn`t even figure he`d get the loan without my co-sign..

[doggy10]

well congratulations to your son. hope he bought a north american car;)

[The Cobra]

well congratulations to your son. hope he bought a north american car;)

anything else he`d be in heaven driving a cloud by now------------LOL

[fifties]

Sure was bud------

But now with stuff like this going on how do we try to instill into our kids that everything isn`t handed to you----you have to work and save and do with out to get what you want. I still can`t believe they just handed that kind of money to someone with no collateral and no credit rating. While parents try to teach their kids---society hands stuff like this to them and wonders why kids turn out spoiled. I don`t get it. I understand it, but I don`t get it.
Nothing was handed to him; he provided a clean credit report, and displayed that he's held a job straight for three years; that alone separates him from the "also rans". Give your boy some credit.

And whoever heard of providing collateral in advance for a car loan? The car is the collateral, lol.

Now that he's qualified for a car loan, and after having made perhaps a year's worth of payments or so, if he saves a down payment, he can jump to the next tier, and buy a condo or a house.

[JCO]

Nothing was handed to him; he provided a clean credit report, and displayed that he's held a job straight for three years; that alone separates him from the "also rans". Give your boy some credit.

And whoever heard of providing collateral in advance for a car loan? The car is the collateral, lol.

Now that he's qualified for a car loan, and after having made perhaps a year's worth of payments or so, if he saves a down payment, he can jump to the next tier, and buy a condo or a house.

Yup and become a model citizen, loaded up with lots of debt so he has to work even harder...WOOOHOOOO welcome to being an adult...

[freddydog1]

Yup and become a model citizen, loaded up with lots of debt so he has to work even harder...WOOOHOOOO welcome to being an adult...

our kids are being tought they can have things they cant afford,,my daughter bought a house 2 years ago,, a nice starter house,,something they could afford,,the bank offered them a 80 year term so they could get a dream home for the same monthly payments as the 20 year term on the one they were trying to buy..dad talked them in to the starter home:grr:

[spaztrigger]

Those warranties require him to change the oil every so and so miles/km eh?! LOL, that's what I'd be worried about now.
"But dad...I got a warranty and didn't have to do a thing for 3 years?!!" :tehe:
Well...that's the response I anticipate from my kids when the time comes anyway.

[JCO]

our kids are being tought they can have things they cant afford,,my daughter bought a house 2 years ago,, a nice starter house,,something they could afford,,the bank offered them a 80 year term so they could get a dream home for the same monthly payments as the 20 year term on the one they were trying to buy..dad talked them in to the starter home:grr:

At 80 years they would be better off getting an interest payback loan only. Never pay back the capital..Works OK as long as house prices go up...:innocent:

[The Cobra]

Nothing was handed to him; he provided a clean credit report, and displayed that he's held a job straight for three years; that alone separates him from the "also rans". Give your boy some credit.

And whoever heard of providing collateral in advance for a car loan? The car is the collateral, lol.

Now that he's qualified for a car loan, and after having made perhaps a year's worth of payments or so, if he saves a down payment, he can jump to the next tier, and buy a condo or a house.

Oh I give him a ton of credit------he owes me for this and that which he never pays back --10X over LMAO

All kidding aside--he`s no problem and will make the transition to a model citizen quite nicely. My biggest issue with him is that he thinks if he works he doesn`t have to do anything else around the house----except going from room to room leaving a trail behind him. But that`s about every 21 yr old on the face of the Earth.

[freddydog1]

At 80 years they would be better off getting an interest payback loan only. Never pay back the capital..Works OK as long as house prices go up...:innocent:

yup the banks are the cause of the housing prices for that reason
sorry cobra for hijacking

[The Cobra]

yup the banks are the cause of the housing prices for that reason
sorry cobra for hijacking

No problem pal, it`s all related anyway. I guess the biggest problem I have with all this is I never see any appreciation from kids in as far as they don`t take care of anything they have cause it`s so easy to neglect something and when it breaks---they go get another one.

[freddydog1]

No problem pal, it`s all related anyway. I guess the biggest problem I have with all this is I never see any appreciation from kids in as far as they don`t take care of anything they have cause it`s so easy to neglect something and when it breaks---they go get another one.

i agree ,,i have many stories about my kids ,,well about 1 of em lol ,,maybe a thread about things our kids did that makes us grey? lol

[fifties]

I guess the biggest problem I have with all this is I never see any appreciation from kids in as far as they don`t take care of anything they have cause it`s so easy to neglect something and when it breaks---they go get another one.
It's the times...With a throw-away mentality, AFA consumer products are concerned. Repair shops -except those for automobiles- are now about as common as Dinosaurs.

[JCO]

Oh I give him a ton of credit------he owes me for this and that which he never pays back --10X over LMAO

All kidding aside--he`s no problem and will make the transition to a model citizen quite nicely. My biggest issue with him is that he thinks if he works he doesn`t have to do anything else around the house----except going from room to room leaving a trail behind him. But that`s about every 21 yr old on the face of the Earth.

Solution to that is take everything he leaves lying around and throw it on his bed, that includes dirty dishes, cutlerry, clothes, magazines.. Everything at one point in time he will have no choice but to pick up after himself..LOL
Had the same issues with my 20 and 22 year old daughters.. It works, takes time but it works..

[The Cobra]

Those warranties require him to change the oil every so and so miles/km eh?! LOL, that's what I'd be worried about now.
"But dad...I got a warranty and didn't have to do a thing for 3 years?!!" :tehe:
Well...that's the response I anticipate from my kids when the time comes anyway.

"DUH---if it breaks I`ll just go in and get a new one" LMAO. Yeah , I`ve already started beating that into his head, of course he never did change the oil in the last one----ever ! 2 yrs worth. When he blew the engine they put 3 1/4 quarts in before it even registered. LOL

[The Cobra]

Solution to that is take everything he leaves lying around and throw it on his bed, that includes dirty dishes, cutlerry, clothes, magazines.. Everything at one point in time he will have no choice but to pick up after himself..LOL
Had the same issues with my 20 and 22 year old daughters.. It works, takes time but it works..

Don`t have to----they are already there courtesy of him....cause there`s no room left on the floor. LOL When his bed gets so full he pushes more on the floor---when his clothes smell he buys new ones. He actually started spraying his room with cologne rather than clean it up. I won`t do his wash anymore cause his stuff stinks so bad so he does it himself once a month. Takes all day LMAO

[freddydog1]

Don`t have to----they are already there courtesy of him....cause there`s no room left on the floor. LOL When his bed gets so full he pushes more on the floor---when his clothes smell he buys new ones. He actually started spraying his room with cologne rather than clean it up. I won`t do his wash anymore cause his stuff stinks so bad so he does it himself once a month. Takes all day LMAO

lol that sounds like my son,,but since he moved out he grew up some

[fifties]

I helped my kid buy a condo 8 years ago, to get him out on his own. He still brings his laundry over once a month for his mom to do!

[The Cobra]

I helped my kid buy a condo 8 years ago, to get him out on his own. He still brings his laundry over once a month for his mom to do!

LOL----only problem is I`m the mom and dad who does it.

[JCO]

LOL----only problem is I`m the mom and dad who does it.

They make garbage cans for a reason.. When the bed and floor are full just throw it out..LOL Eventually it doesnt make financial sense to live at home paying a morgage or rent is cheaper than having to buy new clothes all the time...LMAO

[The Cobra]

They make garbage cans for a reason.. When the bed and floor are full just throw it out..LOL Eventually it doesnt make financial sense to live at home paying a morgage or rent is cheaper than having to buy new clothes all the time...LMAO

LMAO-----done it, at least with socks & old stuff like T-shirts etc----Wanna laugh? He never even noticed ! but when I threw out a couple DVDs out of a thousand or so he noticed & had a fit. Now he keeps dvds pretty reasonably out of sight------still chipping away at the rock. Better luck this new year ! He never throws out clothes, toys etc even the crap from when he was 7 yrs old etc--he won`t give them to charity etc---he`ll be on Hoarders some day. And again, He`ll make $$$ for being a slob LMAO
On a side note----he was mad last nite coming home from work-- that when he picked up his car the tank was only touching full and that the needle wasn`t buried. You gotta love `em.

[fifties]

On a side note----he was mad last nite coming home from work-- that when he picked up his car the tank was only touching full and that the needle wasn`t buried. You gotta love `em.
That's a sign that he values a dollar, and is no soft touch.