It's all a trap and a ruse and a game. I paid off all my credit card bill, saved a chunk of money, then went to buy a car. I was going to finance it. They came back and told me I had bad credit therefore the payments would be YUGE. But, how could I have bad credit if I paid off all my debt? And while I HAD debt, never missed a payment at all. In other words, sterling credit record. The answer was BECAUSE I had no credit card, I had "bad" credit. So, I paid for the car (used Jeep) in cash. So in order to have GOOD credit, one must borrow someone else's money. See how this system works? I sincerely hope that Trump breaks the Fed and the Central Banks. Then we can go back to saving our money.
It's all a trap and a ruse and a game. I paid off all my credit card bill, saved a chunk of money, then went to buy a car. I was going to finance it. They came back and told me I had bad credit therefore the payments would be YUGE. But, how could I have bad credit if I paid off all my debt? And while I HAD debt, never missed a payment at all. In other words, sterling credit record. The answer was BECAUSE I had no credit card, I had "bad" credit. So, I paid for the car (used Jeep) in cash. So in order to have GOOD credit, one must borrow someone else's money. See how this system works? I sincerely hope that Trump breaks the Fed and the Central Banks. Then we can go back to saving our money.