<prompt> Human: Why do lenders think someone making 30K a year is a better risk than someone with a million dollars in the bank?Yes, I have a million dollars in the bank. Actually, several banks, although much of it is in CDs or IRAs that would be inconvenient to access on short notice, but its all free and clear and mine. And my credit score is 836. And I live in a 300K house that I paid cash for. And I was just turned down for a 17K loan to buy a car.The reason, of course, was that I dont have any income, other than a couple thousand a year in interest, again because of the CD and IRA situation. Im retired, and Im waiting until Im 70 to take Social Security, because I dont need the money now, and Ill get a lot more if I wait. Im not interested in discussing that decision here, but thats why I have no income.Why did I need the loan? I didnt; I just wanted to take advantage of the 0 financing they were offering. I went ahead and wrote a check for the car.You say they had no way of checking my bank balance? But, at least according to the finance guy at the car dealership, they asked for it, and I provided it. Statements for the last three months from two different banks that showed a combined balance of over half a million for the entire period. It seemed like overkill to give them statements from my other banks, and Im glad I didnt, because its pretty clear they were just jerking me around. If half a million in savings isnt enough to justify a 17K loan, then a million wouldnt be, either.But why do they think like this? Doesnt the fact that I manage money well enough to have been retired for years and still have a million bucks show that Im responsible? Am I not a better risk than someone who earns 50K a year but only has 200 in his checking account?And it seems like it doesnt matter how small the loan is. A couple years ago, I was buying something at Amazon, and a screen popped up saying Id save 50 bucks if I applied for an Amazon Visa or something. So I thought, why not?, and applied. They turned me down. They turned me down for a card that probably had a thousand dollar limit on it, that I would probably not even use. To be fair, they didnt ask for my bank statements, so they didnt know about my assets.But why not ask? Why do credit applications only ask for your income, and not your assets? Seems like a relevant bit of information to me.Like I said, I bought the car, no big deal. But Im thinking of moving, and it would be a lot more convenient to move first and then sell my current house, rather than selling it first. Which means Ill need to cash in a lot my CDs and IRAs in order to buy a new house without a loan, and Id rather not do that, because of the tax and penalties involved.So is there any way to get a bank to take into account my assets, rather than just my income?Thanks for your time.  <response>: If you have no income, how would you pay back the loan?Oh, because you have a million dollars in the bank? How would you guarantee it will still be there next month when your payment is due?Oh because its been there for 24 months already? Then why the hell do you need to borrow money to begin with? 