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Schenectady’s finances scare off lender

Credit check busts cop car purchase; new bank sought

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Schenectady’s finances apparently are so bad that even banks are taking notice. The city failed a routine credit check for a loan to buy 10 police vehicles, Finance Commissioner Deborah DeGenova told the City Council Tuesday. The bank didn’t like some of the information that came up in the credit check, she said. She declined to offer specifics. “The credit check didn’t go the way the underlying bank expected it to go,” she said. One ...


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comments

cidbil
February 20, 2013
7:07 a.m.

[ Flag Post ]

HAHAHAHAHAHAHAHAHAHAHAHA!!!!!!....................take a breath.............HAHAHAHAHAHAHAHAHAHA!!!!!!

ajdjr73
February 20, 2013
7:51 a.m.

[ Flag Post ]

What BANKS "think" about Schenectady's finances or anyone's finances is irrelevant. After what the BANKS did to this country up and down the food chain, they do not deserve to have an opinion until "they" have done their jail time. .....Rush Limbaugh

wmarincic
February 20, 2013
8:33 a.m.

[ Flag Post ]

I believe they need to contact me and I will get them the loans at a reasonable interest rate. They know how to contact me.

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