I feel a rant coming on.

by Steph on July 2, 2008

Unfortunately (or maybe fortunately, depending on how you feel about seeing my mug via vlog), I’m not vlogging this one. It probably will not provide many (if any) lulz. It might even piss a few people off. So, consider yourself fairly warned.

Our credit scores are not rad. They’re better than they used to be, but we’re not in that magic area of “Please, let us loan you money!!” yet. I don’t foresee this changing anytime soon, as neither of us are currently employed. Creditors seem to think a job is necessary. Weird.

Someone we know, however, is in the magic area of “Loan you money?? Fo’ shizzle!” (Lots of folks we know are in this magic category actually, but we won’t go into that. I actually have a point here.) This person has a bankruptcy on their credit report. Now, hold on. How does someone with a frelling bankruptcy have a better credit score than me or Bill?

Sure, we’ve had some issues in the past, but we’ve worked on them. We’re still working on some of them. We never once said, “Fuggit. Let’s throw in the towel on our debt.” We wanted to, oh, how we’ve wanted to, but both of us decided to clean up our own messes, even though it would take forever.

So why does someone who said, “Whooooops! I got in over my head” wind up with a better credit score? Because they get thrown in the pool with the other folks who declared bankruptcy while Bill and I (and folks like us) are treading water with the rest of the folks who chose to pay their bills. Doesn’t seem quite fair, does it?

Don’t get me wrong – I’m not going to pass judgment on people who’ve declared bankruptcy (well, maybe a little), but I think it’s wicked wrong that they’re getting the “perk” of a decent credit score after they’ve already gotten a “Get Out of Bills Free” card.

Let the flaming begin.

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{ 53 comments }

1
Vote -1 Vote +1Steph
July 4, 2008 at 1:07 pm

Myra – Right? I can see how it’s necessary in some cases, but there are still entirely too many people who view it as a free pass.

2
Vote -1 Vote +1myra
July 4, 2008 at 1:17 pm

true – i’m not saying that it’s not absolutely necessary sometimes, and i’m not judging them in any way. but i know of too many people who have abused it.

3
Vote -1 Vote +1Noel
July 4, 2008 at 1:51 pm

Jean – Yep. There’s really not much profit in farming, and it really can be a year over year thing. Unless you have a very big operation – which is why you see more and more farms becoming those uber mega type farms, YK? I want to say that I read something recently that said approximantely 80% of our agriculture is now concentrated in 20% of our farms, and we’re talking acreage of upwards of a thousand plus. I know around here, the value is really in the land, even now. Lots of farmers lease their fields now. And sure, lots of the parents *do encourage their kids to do other things, precisely because it’s such hard, thankless work, YK? You really have to love it to do it, IMO. My friend’s dad farms a couple of hundred acres, he had 8 kids, and not one of them farms. LOTS of folks in the midwest lost family farms in the 80s. It’s just not really feasable to farm like you probably picture from “the old days” – a hundred acres, a barn, a few cows.

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