Re: In Search of the Perfect Credit Score

In article <679e25F2nosetU1@xxxxxxxxxxxxxxxxxx>,
"Rod Speed" <rod.speed.aaa@xxxxxxxxx> wrote:

Using consumer debt at rates above 5% is a sure way
to kill your chances of building wealth, achieving critical
mass, and getting out of the paycheck to paycheck rut.

Depends on your personal circumstances. I built my house that
way, essentially because I was earning a lot better than that on
the money I could have used instead. And its that approach which
ensured that I've never ever been in a paycheck to paycheck rut,
always had a hell of a lot more surplus income than I ever needed.

Credit is like drugs.

Nope, nothing like drugs for those with a clue.

It doesn't serve any good purpose,

Mindlessly silly. Try buying a decent house without it.

and all it does is make you want more.

Have fun explaining how come I havent bothered with any credit for decades
now.

I don't get it, Rod...you used the exact strategy that I suggested,
then you criticized that startegy as being wrong. Argument just
for the sake of argument?

-jkohn-

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