Comments on: Should I care about my credit score? http://www.debtkid.com/should-i-care-about-my-credit-score Debt Kid - I'm Getting Out of Debt Sat, 21 Nov 2009 05:13:13 -0700 http://wordpress.org/?v=2.8.4 hourly 1 By: John http://www.debtkid.com/should-i-care-about-my-credit-score/comment-page-1#comment-7567 John Thu, 28 Feb 2008 16:16:03 +0000 http://www.debtkid.com/should-i-care-about-my-credit-score#comment-7567 i don't care what my credit score is. I care that I keep all agreements. But that's it. i don’t care what my credit score is. I care that I keep all agreements. But that’s it.

]]> By: smitty http://www.debtkid.com/should-i-care-about-my-credit-score/comment-page-1#comment-7563 smitty Thu, 28 Feb 2008 14:09:02 +0000 http://www.debtkid.com/should-i-care-about-my-credit-score#comment-7563 the numbers can change so fast; if somebody gets sick and can't hold, they go broke and their credit score goes into the toilet; if somebody gets a good job and pays off debt, their credit score starts going up. my three numbers went up 100 points after I borrowed money from myself at my credit union for just two weeks! so you can see how silly credit scores are. the numbers can change so fast; if somebody gets sick and can’t hold, they go broke and their credit score goes into the toilet; if somebody gets a good job and pays off debt, their credit score starts going up.

my three numbers went up 100 points after I borrowed money from myself at my credit union for just two weeks! so you can see how silly credit scores are.

]]> By: Jim http://www.debtkid.com/should-i-care-about-my-credit-score/comment-page-1#comment-7551 Jim Wed, 27 Feb 2008 20:06:27 +0000 http://www.debtkid.com/should-i-care-about-my-credit-score#comment-7551 I doubt you are alone when it comes to how much people know about personal finance. My parents suggested I get a credit card when I was in high school to start building some credit history. Before college, getting any sort of credit or loan is nearly impossible for a student. When you get to college though, these companies cannot wait to give you lines of credit and student loans even with no income at all. I think a lot of us take for granted the impact of these choices when we "grow up" and actually look at our financial situation. Granted my thinking in college was that I could "pay it off" when I got a job. I've been working for awhile now and can't wait for my net worth to go up to ZERO. When it comes to credit score, mine is usually in the upper end, but it has more to do with how much debt, credit, and variety of the two you have on your name. That three digit number has been given the illusion of so much control over our finances. Then there are people who don't rely on their credit and just use money they have to pay for stuff. They probably don't worry about their credit score so much, it doesn't hold them back either. I was never exposed to that way of thinking growing up as I am now. Don't worry so much about your credit score, paying off your debt is guaranteed to improve your financial situation much more than the score you have will. I doubt you are alone when it comes to how much people know about personal finance. My parents suggested I get a credit card when I was in high school to start building some credit history. Before college, getting any sort of credit or loan is nearly impossible for a student. When you get to college though, these companies cannot wait to give you lines of credit and student loans even with no income at all. I think a lot of us take for granted the impact of these choices when we “grow up” and actually look at our financial situation. Granted my thinking in college was that I could “pay it off” when I got a job. I’ve been working for awhile now and can’t wait for my net worth to go up to ZERO.

When it comes to credit score, mine is usually in the upper end, but it has more to do with how much debt, credit, and variety of the two you have on your name. That three digit number has been given the illusion of so much control over our finances. Then there are people who don’t rely on their credit and just use money they have to pay for stuff. They probably don’t worry about their credit score so much, it doesn’t hold them back either. I was never exposed to that way of thinking growing up as I am now. Don’t worry so much about your credit score, paying off your debt is guaranteed to improve your financial situation much more than the score you have will.

]]> By: Seaspray http://www.debtkid.com/should-i-care-about-my-credit-score/comment-page-1#comment-7550 Seaspray Wed, 27 Feb 2008 19:32:51 +0000 http://www.debtkid.com/should-i-care-about-my-credit-score#comment-7550 I feel you. At this point I have another three years to go on debt repayment and about $20,000. I don't think I'll even look at my credit score again until then. I own a house, I have a 2005 car and no spending till the debt is gone! What I don't know won't kill me in this instance and may in fact let me hang in there just a little longer... I feel you. At this point I have another three years to go on debt repayment and about $20,000. I don’t think I’ll even look at my credit score again until then. I own a house, I have a 2005 car and no spending till the debt is gone! What I don’t know won’t kill me in this instance and may in fact let me hang in there just a little longer…

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