And then you lose your job. Several months of living off of
unemployment some of your bills are going on the "can miss a few
payments" pile. And that pile will grow.

They also take into account your assets so if you are rich as shit and
make all your payments you'll do fine.

.


On Thu, Jan 6, 2011 at 5:53 PM, G Money <gm0n3...@gmail.com> wrote:
>
> Yeah, I know that's how it works, I just think it's a stupid way to do it.
>
> The ONLY indication of whether I can "shoulder the load" of the debt, should
> be whether I pay them off in a timely manner.
>
> If I'm rich as shit, and want 100 different debt's open at once, but I
> manage to pay all of them off...why should my score have EVER go down?
> Because they EXPECTED me to default on a few of my open debts? Come on. If
> my history is CLEAN, then all expectations on my open debts should also be
> "clean".
>
> Know what I mean?
>

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