So, whatever happened to my NEW HDTV?

I haven't bought it yet, that's what happened. Why? Essentially, my Dad is having financial trouble due to the close of his Restaurant. He wanted to back out of the deal. This suited me just fine, because--as it turns out--I was having a little financial problem of my own.

It turns out that HSBC turned me down for the Mitsubishi Diamond Credit program. They gave no specific reason for doing so. They simply stated that they had consulted Transunion before making their decision. I happen to subscribe to TrueCredit.com, a service provided by Transunion. Everything is fine there. I don't have a long and deep credit history including three car loans, and two mortgages, but what I do have is pretty good. My Transunion FICO is resting at 708 right now. That ain't bad. I am shocked that HSBC would turn down a 708 FICO for a TV loan... but then again I am not.

I just blogged recently about HSBC going into crisis. [Consult The Great Depression II.] I just want it to be understood that this is their fault, not mine. In an ordinary environment, they would have lent me the money. As we all know, this ain't no normal or ordinary banking environment.

There is a certain Korean car vendor I know [he also owns my apartment building and lives here] who was deeply dismayed when he heard my report on this matter. He claimed that no FICO above 700 ever drove away from his car lot without financing on a brand new car... At least prior to this mess. He has seen many cases like this lately. It is killing his business. He was hoping for news that the credit freeze was thawing. I brought news of continued winter weather.

Regardless, I am going to buy a new HDTV as soon as I can find a buyer for my current HDTV. I have more or less decided to buy a Mitsubishi DiamondScan WD-73835. This will give me an extra foot of screen, a 120Hz refresh rate, and 3d movies. I think this is the best value on the market. I would like more time to pay for it and lower interest, but I will do it anyway.