Posts Tagged ‘bad credit’

Opinions on Good Credit, Bad Credit?

June 5th, 2011 by admin | 2 Comments | Filed in Free Government Credit Score

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I was having a discussion a few days ago with a co-worker. We were talking about good credit/bad credit. I was telling him how whether he likes it or not, having good credit is important and that I was working on mine to fix it and of course get my score higher. His opinion was that having good credit, bad credit scores was "the governments way of keeping tabs on people". I came back with "what about owning a home or even just renting one?" We all know you need good credit for that or you pay a higher price. What are your views on this?

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Credit Score question?

April 1st, 2011 by admin | 2 Comments | Filed in Free Government Credit Score

If you have bad credit the bank considers you high risk right ? In return the bank charges you a higher interest rate right ? When you call the bank and ask them the question (Why would you charge a high risk person more interest?) their reply back is " That would be like rewarding someone for not paying the bank back" OK in government it’s the opposite! The more money you make the less your rewarded because your taxed more right? Plus if you sit on your butt, don’t get a job, & do drugs the government will send you a check in the mail each month & reward you! If the government was set up like the credit score system wouldn’t the United States be a better place ? Wouldn’t it motivate people to work ? I mean if the credit score system doesn’t reward you for not paying shouldn’t the government NOT reward you for not working ??? Also shouldn’t the people that make more be taxed less ??? & the people who makes less be taxed more !!! That would be great don’t you all think ?

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