[Bob Sakimano]

Originally Posted by Ignignokt

Because it tends to take a while to sort out mistakes or unknown screwups on your part.

For example, I had an internship in Seattle when I was a junior in college. I was 21. I had rented an apartment, and it slipped my mind to pay the final utility bill of something like $40. After I left, the apartment didn't have my forwarding information, so the utility company never bothered contacting me and just sent my $40 bill to collections after a long wait. About a year or so after this happened, I did a credit check and found an outstanding collection on my name which was ****ing up my credit. I paid it, but those things take FOREVER to go away. I bought a house when I was 26 and ended up paying thousands in extra interest because $40 unpaid utility bill took like 100 points off my credit score.

yeah - that would suck. thanks.