Quote:
Originally Posted by Dadhawk
Unfortunately, a low credit score can affect some other things because companies have become brain-dead.
It can affect insurance rates.
It can affect the ability to get a job, even if your field has nothing to do with FInance or money.
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if you have a bad credit, it's probably because you made bad choices in life...
and if you make bad choice, your are most likely to dont take care of your car,
and people who are proud of never using credit and loan and blah blah.... just don't know how the system works....
if i had 150 000$ cash, I would be the stupidest person on earth to buy a 150 000$ house cash... but not everybody understand that... there is a time to have debt, depends on your income, and what you expect, in your only life
as for being 18 with a sportscar, i had a 240sx at the age of 20, it was a rust bucket, i did stupid things with it, but i was always scared to push it to the limit.... guess it saved me....
but now, i know what i can or i can't do.... because I learned.... sad thing though, is that some people die learning...