Have you ever wondered who decides if you qualify for a loan?

I mean, seriously, who says, "Yep, this person is a good risk! Give them all the cash in the vault!"

In another lifetime I gave up on my credit score knowing that it would never be what it should be. However, I've recently started watching it like a hawk.

Now honestly, I don't go around borrowing money or doing anything crazy, but it's given me a picture of how I'm doing in that aspect of my life, or not.

I had a notice the other day that my credit score dropped. Of course, I decided to look into it and see what in the world was happening.

Then I realized that like a lot of things that we base our decisions on what someone tells us to do, without them knowing us.

According to the people with a ton of degrees behind their name, I would suppose, but then again, it is just a credit company, so it might just be some guy that has no business deciding my business but he created a business convincing everyone that it was now somehow his business.

Anyway, according to some random people in a random location with some random computer program, they've decided my credit score needs to be knocked down a few pegs.

Even though my mortgage has never been late, and paid with a little extra, and the one credit card I have has never been late, as a matter of fact, it's usually paid off early so that the credit card company doesn't make a lot of money on me and because of that, I should be penalized for it.

On the flip side someone I know that hasn't held a job in over a year, qualifies for credit cards.

I think I'm onto the scam part.

If "they" aka credit bureaus, tell you that your credit score went down and what you need to do to fix it, you'll do it.

In my example, their suggestion to me is, that I don't have enough debt so to raise my credit score I should borrow money for something that I don't need, to raise a score that really doesn't affect my day to day life, so that they can pat me on the head for doing what they told me to, oh and here's a credit card offer to do that.

Sure, I COULD go buy something just to keep them happy, but I prefer not to. I prefer to watch my credit score drop because they think I need more debt.

On the other hand, I've found that for no apparent reason, my score goes up. The reason they give me for that is, do you want to guess? For making my payments on time.

So I'm not sure, should I acquire more debt to raise my score or simply just make my mortgage payment on time.

I think perhaps our scores are really tied to a superball. They throw it into a room and if it hits the ceiling your score goes up. If it hits the wall, it goes down. Then when it's stopped bouncing around they will throw them again, just to mess with you.

Here's a secret credit bureau guys and gals. My goal in life is not to make you happy. Really I only use you to see if someone is messing with me, and while that's you, it's not you that I'm worried about.

I don't care if my credit goes down or up this month. I do care about paying my bills, not having any debt that I don't absolutely need and just trying to enjoy life a little bit. I have simple taste.

On the flip side, I've seen those that lived like this, die broke. I've seen the other side of the coin where people lived beyond their means and died broke. So from my seat, I have learned one thing. When we die it won't matter what our credit score was. When we die we're all broke, because we can't take it with us anyway.

In another section of my crazy world on the topic of money. I was related to a millionaire.

They died rich, leaving it to their relatives.

The rich person died complaining that it was all going to go down a "rathole" while hanging on tightly to it.

The people they left it to, waste their money, they don't work and yes, it's going down a "rathole."

I have a simple plan.

1) Ignore what the people in the know think they know.

2) Forget any attempt to be a millionaire.

3) If I have any dimes left when I die, don't leave it to relatives that put their own money down a rathole.

So take it for what it's worth. Credit bureaus probably make money from credit card companies, so telling me to increase my debt has to be benefitting them, at least the credit card offers from them would imply this.

But get this. I'm not going to do it.

Nope.

Take my score down, raise it up, send me more credit card offers to "help" my score...I wasn't born yesterday, I've seen how it's done. I know what to do to be a millionaire, I've seen how you live when you invest in ratholes. I'm shooting for somewhere in the middle.

Somewhere where the bills are paid and life isn't bad.

And for the record, I'll decide where that is and ignore the input of some random credit people.

I bet you didn't think that I could get all of that out of a story about credit scams!


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