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? > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:332985 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm