Quote from Sandybestdog:
He doesnât just owe money to Harvard, but also the taxpayers who paid his tuition and also Bobâs parentâs who have paid taxes for years, yet their son didnât qualify for anything because on paper they are considered rich. But my point is that the system tends to favor those who abuse it, rather than work hard.
This thread is the first time I have ever seen you admit that perhaps people find themselves in hard situations, instead of just assuming that every person in default is that way because he bought too many big screen tvâs because he thought he was owed everything. You have relentlessly critisized me, yet have nothing to say about my made up story about Bob. While I never went to Yale or donât have the other qualifications that he does, I have worked just as hard at other things that just didnât work out. Unlike Bob, I was never late even once on my credit cards before they tripled my interest rate.
Now that my job is paying me significantly less than a few years ago, I have slowly been squeezed by the rapid increase in the cost of living, while at the same time making less money. I called my CCâs several times when they wanted to jack my rate again, and they were completely unwilling to work with me. Instead they tried to console me by telling me that it wasnât just me, but everybodyâs rate was going up. They borrow the money from the Fed at .25% and lend it out at 30%. Thatâs like McDonaldâs buying the ingredients to a hamburger for 25 cents, and then charging you $30 for it. But Iâm sure this means nothing to you. You never critisize the system, but judge people by the end result regardless of how they got there.
So after 6 years of perfect payment history, 2 months ago, I didnât have enough money to pay two of my cards. The other 3 have small balances and I want to keep those, as they have not tried to screw me over. But I have gotten lucky in the past 2 weeks and have landed 2 good paying temp jobs, in addition to my regular. So itâs back to 60+ hour weeks for now. But, I found some fico calculators and it looks like by missing just 2 months of payments, 6 years of perfect payments has been wiped out, and my score has probably dropped by about 200 points, and wonât recover for at least 3 years. So now, if I pay my cards again, my score wonât go back up. It would be better for me to just try to save a bunch of money over the summer, and try to make a deal with them before it goes to court. But the point is, one little mess up and it screws up everything. We all have paper trails following us around everywhere now, so in the future, everybody can see every little mistake we have made and judge us based on a few bad moments in our lives.
Believe me, I have thought many times lately that I can't believe my perfect credit is gone. It truly pains me. It was something I planned for and worked very hard to keep up and in 2 months it's gone. I had no intention of ever having this happen.
