Do the well to do have good credit scores just because of who they are?
I work with many residents and doctors who all have never worked a day in their lives. When they graduated and start working i am sure they have a ton of debt and bad credit scores but how are they able to buy homes in the 500,000 to million dollar range where i live. Do banks accomdate them becasue of potential income, as a professional curtousey (SP), because I am sure they have tons of debt, and live off of meager incomes and credit cards. How does this work?