07-25-2008 10:12 AM - edited 07-25-2008 10:31 AM
People who are "slaves to their FICO scores" might run the risk of being boring at cocktail parties, but they certainly don't get tempted by major app sprees. FICO scores reward conservative, rational behavior with no appreciable debt, so if everyone became a slave to their FICO scores, this country's credit picture would be in a lot better shape.
the problem here is she is becoming a slave to fico score as many people before her have done.
with no ability to get into further trouble with debt she will be able to get what she needs in life much faster. A debt free life, home, "car" are needed
07-25-2008 11:44 AM
07-25-2008 11:51 AM
newbie5 wrote:Hi Bella. I am new to this forum. I was wondering if anyone can tell me what pfd and gw-ing is??thanks.
07-25-2008 12:07 PM
07-25-2008 12:12 PM
07-25-2008 12:14 PM
You can be debt free and have credit. Not too many people pay for a car or home with cash.
ninjaroo wrote:the problem here is she is becoming a slave to fico score as many people before her have done.with no ability to get into further trouble with debt she will be able to get what she needs in life much faster. A debt free life, home, "car" are needed
07-25-2008 12:19 PM
07-25-2008 04:47 PM
07-25-2008 05:27 PM
Wow! Hauling, were you talking to me or Bella1980? lol....The advise you gave was just what I needed to read. My situation is different than the OP though.
Within the past month, I went app crazy and got denied for all but Orchard. Its a crappy card I guess but being I had no revolving credit, its perfect for me for now.
I have questions about the cc but I need to go to that forum to post.
Thanks for the advice / info.
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