Dark06 Posted April 17, 2006 CID Share Posted April 17, 2006 How can the goverment allow this? Some1 needs to step up to the plate(a politician) and say no more credit scams thats all credit is a scam Quote Link to comment Share on other sites More sharing options...
netmasta Posted April 17, 2006 CID Share Posted April 17, 2006 thats all credit is a scam This is a scam, yes. But not all credit is a scam. There are lots of good reasons to have good credit. Quote Link to comment Share on other sites More sharing options...
dlewis23 Posted April 17, 2006 Author CID Share Posted April 17, 2006 There are lots of good reasons to have good credit. there are many good reasons to have good credit, my high credit score, helped me buy my car and have a lower monthly payment. Quote Link to comment Share on other sites More sharing options...
tommie gorman Posted April 17, 2006 CID Share Posted April 17, 2006 thats all credit is a scam Credit is just that, credibility to pay your bills. As you get older you will realize this as I have. Credit does allow you lower interest, because you have proven that you are not as much of a liability. They realize that you value your credibility. If you want anyone to trust you you have got to credible. Credit being a scam (it is up to you, not accusing at all) is usually boasted by individuals that do not pay their bills. I used to be one of those. Paid cash for everything. Now I own a larger home, 19 rental homes, and my wife and I both own previous new vehicles(had a couple of years) and I have credit out the ying yang. You will learn. Quote Link to comment Share on other sites More sharing options...
j3grizz Posted April 17, 2006 CID Share Posted April 17, 2006 Yes it is a very good idea to have good credit. The people that have the bad credit and get hooked into the blue hippo nonsense are usually down and out from making too many bad decisions already. People like that have a history of making bad decisions. I know many people like that. You have to try to help them cause they usually have very low esteem. I know this sounds corny to some but if you will take notice you will see. This is just another bad decision to add to their looooong list! Quote Link to comment Share on other sites More sharing options...
tommie gorman Posted April 17, 2006 CID Share Posted April 17, 2006 A friend of mine got a credit card to get him through the winter. He was a 20+ year rough in carpenter. He was having a good time when it started. One day he asked me how to get out of this enormous debt! I said to start my cutting it into pieces and calling the credit card co. and cancelling. He laughed and asked if I really meant that! I reassured him that that was the beginning to a long road to recovery. And 2 years later he has a new card, and is much more careful! Quote Link to comment Share on other sites More sharing options...
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