Posted by fixerupper on July 27, 2013 at 19:29:06 from (100.42.83.15):
In Reply to: Gotta laugh or cry posted by rrlund on July 27, 2013 at 13:35:22:
A neighboring farmer and good friend of mine who is I think 66 years old tried to borrow a little money to buy a 240 acre farm and was denied because he had no credit history. He had farmed his whole life and never borrowed money or had a credit card. He probably had enough saved for a 75% down payment. He eventually did get the farm and paid it off in six or seven years. It's too bad the conservative person who deals in cash is technically thought of as a bad risk. Jim
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Today's Featured Article - A Lifetime of Farm Machinery - by Joe Michaels. I am a mechanical engineer by profession, specializing in powerplant work. I worked as a machinist and engine erector, with time spent overseas. I have always had a love for machinery, and an appreciation for farming and farm machinery. I was born and raised in Brooklyn, New York. Not a place one would associate with farms or farm machinery. I credit my parents for instilling a lot of good values, a respect for learning, a knowledge of various skills and a little knowledge of farming in me, amo
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