Chasing Credit

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Inspite of her negative image, Lucky Girl LG has been getting some good projects. For a long time, LG's attitude and reputation have been anything but pleasant. Showbiz followers know only too well how LG degrades and ridicules people she doesn’t like even if it means her own relatives.

As a celebrity of such status, LG's lifestyle is labeled lavish, she who is such a shrewed when it comes to her finances and investments. Those privy to LG say that between her and a family member, LG is definitely cunning.

Being a big-earner herself, LG naturally can afford anything her heart desires regardless of the cost. LG who is a car enthusiast loves to drive cars, as in pricey imported cars which she fancies very much. It is no secret to her colleagues that LG puts premium on good, expensive cars, and puts good money on them to make them investment-worthy. And she makes no bones about showing them off.

Feeling that she can well afford a new car with her string of projects, LG went on to apply for a bank loan. But she was shocked when the bank denied her application. What gives?

Insiders say that no matter the millions, income from showbiz is not stable, and will never be. No matter what a big-named celebrity you are, money lenders are just too shrewd and circumspect to bite the millions a celebrity earns. But there are also several celebrities who have good standing in financing institutions. What then made LG any different?

Is it all in her reputation as a borrower and her industry status in general? Some kibitzers say that LG's credit history and overall personal/public reputation did her in. Did her name really pull her down? If we are to believe that banks put premium on the borrower's reputation – the answer is yes.

" People ask me why it's so hard to trust people, and i ask them why is it so hard to keep a promise. " ~ Unknown

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