These are great points, and so true. I’m also amazed by the people who are told to raise their scores by getting a credit card, only to find out that the only ones they qualify for are pre-paid. So they’re supposed to come up with hundreds of dollars to be held for a year. Sometimes I just shake my head.
Truly credit scores are designed to keep the poor poverty stricken. It's hard to believe that these numbers dictate such a huge part of our lives. When I got my 2 credit cards maybe 5 or 6 years ago and living on Social Security, I was stunned at the "generous" spending limit each card gave me, far in excess of anything I could ever afford to pay back.
These are great points, and so true. I’m also amazed by the people who are told to raise their scores by getting a credit card, only to find out that the only ones they qualify for are pre-paid. So they’re supposed to come up with hundreds of dollars to be held for a year. Sometimes I just shake my head.
Truly credit scores are designed to keep the poor poverty stricken. It's hard to believe that these numbers dictate such a huge part of our lives. When I got my 2 credit cards maybe 5 or 6 years ago and living on Social Security, I was stunned at the "generous" spending limit each card gave me, far in excess of anything I could ever afford to pay back.