|
| Wells Hall Off-topic Board Politics, Religion, and Social Issues. This board is your pulpit to preach to the masses (like the Wells Hall preacher) about everything from politics to religion. Please be kind to your fellow Spartans. Post as if your family is in the other computer. |
06-23-2008, 07:45 AM
|
#1 (permalink)
|
 2,500+ posts
Join Date: Jan 2002
Location: Wixom, MI
Posts: 3,473
|
Do you know your credit score?
I can honestly say I do not know what my credit score is, and I sleep perfectly well at night. All of this hype and hysteria over credit scores is laughable. Con men like the ones who run the rating websites imply that debt is free with the right credit score. It's not. Just stay out of debt and you won't have to worry about it...
__________________
“For myself I am an optimist; it does not seem to be much use being anything else”
-Winston Churchill
|
|
|
|
06-23-2008, 10:15 AM
|
#2 (permalink)
|
 1,000+ posts
Join Date: Nov 2007
Location: Haslett, MI
Posts: 1,735
 Zeke the Wonderdog
|
I did before I bought a house, now I am afraid to check it...
|
|
|
|
06-23-2008, 10:24 AM
|
#3 (permalink)
|
 5,000+ posts
Join Date: Nov 2006
Posts: 6,588
#53 Greg Jones
|
Quote:
Originally Posted by spotdog14
I did before I bought a house, now I am afraid to check it...
|
If you're making payments on time, having the house should improve your score 
__________________
|
|
|
|
06-23-2008, 12:47 PM
|
#4 (permalink)
|
5,000+ posts
Join Date: Jan 2002
Location: third closest planet to the sun
Posts: 7,356
Mark Dantonio
|
My wife and I are getting ready to close on a house. While getting okayed for a mortgage through 5/3 bank, they did a credit check. My score was a respectable 740.
|
|
|
|
06-23-2008, 02:00 PM
|
#5 (permalink)
|
5,000+ posts
Join Date: Jun 2001
Location: WV
Posts: 5,375
#43 Eric Gordon
|
I don't know my score...last time someone checked...my score was not that high...the reason...I have no debt...I pay everything off on time....credit card companies never get any interest off me....cars paid off...house almost paid off...I don't borrow...
Therefore, I must be a risk...  |
|
|
|
06-23-2008, 02:03 PM
|
#6 (permalink)
|
2,500+ posts
Join Date: Sep 2002
Location: Michigan
Posts: 3,423
#89 Colin Neely
|
Quote:
Originally Posted by Lochgelly
I don't know my score...last time someone checked...my score was not that high...the reason...I have no debt...I pay everything off on time....credit card companies never get any interest off me....cars paid off...house almost paid off...I don't borrow...
Therefore, I must be a risk... |
Take out 2 credit cards with zero yearly fees, keep them open and never use them. That will help you score go up 
|
|
|
|
06-23-2008, 02:07 PM
|
#7 (permalink)
|
 10,000+ posts
Join Date: Feb 2004
Posts: 24,534
|
no
serious question - why would you want to know?? Unless you were wanting to purchase something and needed a good credit rating to do so...
|
|
|
|
06-23-2008, 02:28 PM
|
#8 (permalink)
|
5,000+ posts
Join Date: Jun 2004
Location: Michael's home.
Posts: 8,312
|
hovering around 800.
__________________
"If tyranny and oppression come to this land, it will be in the guise of fighting a foreign enemy."
-- James Madison
|
|
|
|
06-23-2008, 02:41 PM
|
#9 (permalink)
|
2,500+ posts
Join Date: Mar 2007
Posts: 3,470
|
Quote:
Originally Posted by Bob Sakimano
no
serious question - why would you want to know?? Unless you were wanting to purchase something and needed a good credit rating to do so...
|
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. 
__________________
Using a key to gouge expletives on another’s vehicle is a sign of trust and friendship
|
|
|
|
06-23-2008, 04:58 PM
|
#10 (permalink)
|
1,000+ posts
Join Date: Nov 2007
Location: Cali
Posts: 1,604
|
A few weeks ago I did a free trial on one of those sites. 788.
|
|
|
|
06-23-2008, 05:05 PM
|
#11 (permalink)
|
5,000+ posts
Join Date: Aug 2006
Location: in misery
Posts: 7,405
#60 Mike Bacon
|
I can't remember the exact number but it's in the top 98 percentile.
I owe no one anything. Paid off a mortgage and a few car loans. Have a couple credit cards and a line of credit with zero balances.
Reasons why it's good to know your score:
1) Identity theft and credit bureau screw ups can lead to a bad score, it's good to stay on top of it
2) the satisfaction of knowing that you are good with money
|
|
|
|
06-23-2008, 08:17 PM
|
#12 (permalink)
|
2,500+ posts
Join Date: Jan 2002
Location: Wixom, MI
Posts: 3,473
|
All good points
__________________
“For myself I am an optimist; it does not seem to be much use being anything else”
-Winston Churchill
|
|
|
|
06-24-2008, 12:49 PM
|
#13 (permalink)
|
10,000+ posts
Join Date: Feb 2004
Posts: 24,534
|
Quote:
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.
|
|
|
|
06-24-2008, 04:03 PM
|
#14 (permalink)
|
 250+ posts
Join Date: Aug 2007
Location: SA TX
Posts: 399
|
812
|
|
|
| Thread Tools |
|
|
| Display Modes |
Rate This Thread |
 Linear Mode
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is On
|
|
|
|
|
|
RCMB Donor (only) Features:
