Wednesday, July 11, 2007

Living without credit tough and expensive

Wow!!!

Found an amazing article....Maybe i should go out and get a credit card. Cause its more expensive to live on Cash..........haha....Good one huh?

i found a bankrate article by some woman that works for the education department at Experian.....She explains why life is so hard without credit....I just want to point out that the majority of these articles are written by credit companies or credit agencies....So without credit they don't have a job......

Basically she said that life without credit is more expensive because you won't be able to get a washing machine or big dollar items if you don't have a store credit card or major card.....Im not gonna blabber about this much in this article but do i really have to remind the world that you pay interest and card fees?????? Have you EVER seen a fee using cash?....

Credit cards are there so the world can buy stuff they can't afford...Thats why they exist..Pretty simple.....Companies make money off you using there card...Thats the whole purpose of the credit card company....Experian makes money off you wanting info on your credit report......

Life is alot simpler without credit. Your only bills are gonna be your utilities and taxes and insurance.......If you own everything......or you can go the credit route and pay 650 a month for a car and have 15 credit cards with a balance of 500 or more...The reason America has no money is not because of there job, its because they use credit cards and keep paying them....and its not going into there pocker where it belongs........

All Apartment companies don't look at credit they look at renters history
All jobs don't look at credit ( if they do you show them your 35000 in checking and your mutual funds) The whole reason they check your credit is because they want to see responsibility....having no credit and 35 grand in checking shows alot more responsility then debt....

a Utility company is not going to deny you because of no credit...Thats rediculous...They will deny you have you have late pays

only Smaller insurance companies base your rates on credit.


So mrs experian teacher lady.....Hope your job is going well...Making the USA poorer by shoving drival down there incocant throats.......

I personally know a guy who's net worth is 15 million dollars....he's never used credit

i know of a man who is worth 448 Milliom dollars........he's never used credit either..

And both of them are first generation rich......They made all of it themselves...

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