K. MicHELLe being dragged for being LATE on car payments

Started by Kaeli., July 19, 2020, 08:46:55 PM

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rosone1

Quote from: Drogon on July 20, 2020, 12:30:48 AM

Do not make any major purchase like furniture, car, boat, jewelry, etc.



Do not apply for any new credit (even if it says you are preapproved or "xxx days same as cash").


Do not pay off charges or collections



Do not change bank accounts


Do not make unusual deposits into your bank accounts

I made a few mistakes my first time around before closing. I tried to pay my car off and it fucked the whole thing UP. If you move any money it better be easily explained and shown
I did almost all of these when I bought, with any issues.Now they did suggest I close a new card that I got during the process.

Drogon

Quote from: rosone1 on July 20, 2020, 01:36:46 AM
Quote from: Drogon on July 20, 2020, 12:30:48 AM

Do not make any major purchase like furniture, car, boat, jewelry, etc.



Do not apply for any new credit (even if it says you are preapproved or "xxx days same as cash").


Do not pay off charges or collections



Do not change bank accounts


Do not make unusual deposits into your bank accounts

I made a few mistakes my first time around before closing. I tried to pay my car off and it fucked the whole thing UP. If you move any money it better be easily explained and shown
I did almost all of these when I bought, with any issues.Now they did suggest I close a new card that I got during the process.

It all depends on the lender I thought that paying my car off would help but it actually hurt me

I couldn't take off from work or go on leave

GRAND ETERNAL SUPREME




Bruce

Quote from: COON FEST! 🎉🤗 on July 20, 2020, 12:19:16 AM
i think big deposits will raise the biggest flags during the home buying process

they'd wanna know where the money came from and want details downe. like everything has to be accounted for

We are talking about a national recording artist, things are a bit different. You have to remeber a big deposit/withdrawal to someone like K Michelle "should" be a lot more than $3,000.  $3,000 would typically be on the very loan in of a quick shopping trip for them.

The rules become blurred for rich people and their loans. It seems like just bad business all around. Car services should be pre-authorized to a credit card before she even sat in the car.

b7


Annie

I bet it's not easy to keep up 
she probably spends a lot of money on glam and fashion
Does she even own the rights to her music?

 /.\

Drogon

Quote from: Bruce on July 20, 2020, 06:23:07 AM
Quote from: COON FEST! 🎉🤗 on July 20, 2020, 12:19:16 AM
i think big deposits will raise the biggest flags during the home buying process

they'd wanna know where the money came from and want details downe. like everything has to be accounted for

We are talking about a national recording artist, things are a bit different. You have to remeber a big deposit/withdrawal to someone like K Michelle "should" be a lot more than $3,000.  $3,000 would typically be on the very loan in of a quick shopping trip for them.

The rules become blurred for rich people and their loans. It seems like just bad business all around. Car services should be pre-authorized to a credit card before she even sat in the car.

She just bought a house in Miami


All artist income is looking funny right now bc they can't tour. She has her JD partnership and other businesses. A lot of artist are about to start dropping singles, EPs and albums. Its hard for promoters to get insurance for concerts.

These artist with no other streams of income bout get desperate in a few watch

Drogon

Quote from: Annie on July 20, 2020, 06:36:54 AM
I bet it's not easy to keep up
she probably spends a lot of money on glam and fashion
Does she even own the rights to her music?

She owns her publishing it's all listed in her son name.

K isn't a glam gorl as far as wearing big designer's. Wigs and make up might be a big expense but she has a deal with some wig company she post so imagine they are free or discounted