This is always fun and makes zero sense. Once recently, my husband asked a friend for a loan during a financial emergency âŠ.and that friend saidâŠand I quote ⊠âwhen things are better for you , Iâll helpâ
Haha. I am self employed and it always amazed me when a bank considered someone I employ as having better security as me. I can fire or lay th employee off but I can never be fired. That is a banker's logic.
Iâm sorry for your difficulties, but if youâre 42 and have never learned how credit scores figure in counterpartiesâ assessment of financial risk, thatâs on you (or your parents). At 20 yrs old in the Army in 1974, I did everything I could to get my first credit card so I could start building my credit history, for exactly the reason youâre facing now â counterparties care only about your dedication in paying your debts on time regardless of circumstances.
ok you are not understanding what i am saying. i know how credit works. i am not retarded. i am saying I CHOSE NOT TO USE CREDIT BECAUSE I AM NOT A PUPPET FOR THE BANKS. this was a MORAL CHOICE not a lack of understanding or foresight.
As did my father. But back then, homes were smaller and prices were much more stable. With the decline in the U.S. birth rate to 1.6, the massive gains in residential real estate are likely over, and some retrenchment may well be coming.
Then I donât understand your complaint about the consequences. The path of those who live their morality is rarely an easy one.
Early on in my career, I started paying our CC balance in full every month. We paid interest on cars & houses only. Our last house we took a 15 yr note and paid it off on time. When we retired & moved to the Smokies, we opened bank accounts, and the CU ran a credit report â the manager sat back in her chair after reading her screen, and said theyâd never had a customer with that high a credit score. Iâm not intentionally bragging â we followed a plan to build and maintain our score because itâs an asset in and of itself in the modern world.
ok what part of this aren't you getting? 20 years ago you could walk up to a landlord and say 'here's a years rent in cash' and that was that. now you NEED credit to even get into a traphouse apartment in the ghetto.
i don't care about your financial stability. the point of the article is that privacy is being eroded and people are being categorized by a system that isn't much different from china's social credit system. i bet you'd complain about that if it was what i had chosen to write about.
instead you are looking at this article as a soapbox to brag about your credit score. i get it, you are very proud to be a cog in the devil's financial machinery.
however, i'm not looking for temporal, monetary rewards and adulations from my slavemaster. i am trying to get through life with my integrity intact.
the same banks you are paying off loans to is the same banks that were laundering money for epstein. think about that next time you are drooling over your perfect credit score.
Iâm not paying interest to anyone. We paid cash for our retirement home.
Iâm unsure why YOUâRE not getting MY point that I recognized that a credit score would be vital to life in the modern era. A credit score is a measure of financial reliability. The number of people who can pay a yearâs rent in cash in advance is so small that their risk models donât bother accommodating that fact pattern.
BTW, paying rent to a hotel or a landlord funds their interest payments to their banks. So youâre morally fucked which ever way you go, unless you live in a nice tent until you can pay cash for a starter home.
This is perfect example of financial segregation. Just like religious segregation and race segregation - itâs very clear to only the few who are not fighting the system. Morals or not, credit score or not, my religion vs your religion or no religion, my politics or âfuck youâ We are not on the same page and we need to get there to survive what is coming to everyone (IMHO) I think we are all fighting the haves vs have nots and its a stupid war with no winners
I'm glad you feel so good about yourself but please don't look down at people who chose not to go into debt and somehow think you are better than others because you sound very self righteous to me
My ex husband and I did the same thing.... before we even knew what Credit scores were. thankfully back in the day.. Credit scores were not even a "thing" I don't remember being aware of this until I was in my early 30s.. and that was a LONG TIME AGO. :)
Nicely written. Welcome to the cash economy. I was one of those borrowers early in life dreaming of this perfect credit score so I could borrow more. I knew tough times were ahead; and decided it would not be wise to borrow ahead of my unemployment years ago. Could have borrowed six figures to weather the storm and recover, but decided it was risky. Anyway, your truth about 40 Trillion of debt and penalized citizens who donât join the game will stick with me for a bit.
I said that too.. here in Nova as much as I complain about .. there are many people who rent rooms.. and have basements or extra small houses (used to be mother in law house).. and still is to this day..
You can still make it work. Get a credit card and use it only for those things you can pay off at the end of each month. Look at it like the electric bill. You pay in full each and every month. Use it for groceries and donât spend that amount on anything else. Now you have a monthly grocery expenditure. Good luck!
I admire in concept your staying true to your convictions. It is much more difficult to be out of the system while still in it. Get a far away from a city as possible to as small a town in as remote an area near others who are living as much outside the system as possible. Amish or Mennonite areas of PA and Ohio might be nice. The food is certainly clean and good for you. May be rent a room from one of them.
Forget the run down motels and apartments. Have you thought about going on a perpetual cruise? You could still "work from home" as it is and get to see the world while you are at it and meet nice people at every port...
I hate the lizards running this country into the ground and I hate that you are living in a damn hotel where you have to pay top dollar. You will be in my prayers Wise Wolf đŠđș
I can now afford to restart my monthly subscription because last month I had to decide to stop paying 5 creditors so that I can actually survive. Love you đđđđ«đ»
Dang, that's so frustrating!!! There's that part in the Bible that says "do not worry about what you shall eat or what you will drive" - ok, maybe that's not the exact quote and this isn't a particularly great time to offer scripture quotes for a solution. I'm sorry I can't offer a solution but I do offer you my prayers in hopes that you can keep your wonderful sense of humor and your excellent writing skills. "For to his angels he's given a command to guard you in all of your ways." You make more of a difference than you could ever imagine.
You would be a great candidate for House Sitters America .com . As a bridge. You once said you have no friends and are inside writing all day. Perfect candidate. Homeowners who travel a month or even much longer( some have a cat or other pets) need an attentive human around to just house sit. Meanwhile, consider getting a Capital One card, charge $200 this month and pay off immediately. Then you can rent in a couple months.
If we aren't an off grid homsteader at this point and trapped in this shitshow, imo best to just work with what you can do, idk. I believe there are opportunities in all the US states, not sure what state you are in. Lily can give you a rec!
You and I have similar stories. I don't get loans. I remember going to buy a new Ford truck a few years ago. 60 grand. My friend owned the dealership and asked me if I wanted a loan. Asked what that would look like. He looked me up in the system and said, "I've never seen this before." I wasn't there. I have lived out of the US for 23 years and there are better ways to live. If you ever find yourself wanting a break, reach out, I'd enjoy the conversations.
When we were voyaging full time we didnât own a vehicle. We didnât have any credit cards. We had cash, one debit card,and some small denomination gold and silver coins. My dad needed to go into hospice and we needed to get rom SC to WI. We wonât fly. Trying to rent a car without having a credit card sounds like trying to rent an apt without a credit score.
We were finally able to make it work but it delayed our trip for 3 days.
yeah iâve had the same issue trying to rent a car. i am not a number in some database on some bankâs server system. i am a human being. the credit system is a stoneâs throw away from chinaâs social credit system. privacy is dying. cash will be phased out in the next generation. every purchase will be tracked and ran through an ai that determines if you are allowed to spend your own money or not. the system is disgusting.
Indeed. Let me know if you are at all interested in writing or speaking about the boat option.
There are a whole lot of solid used sailboats for sale. The most critical issue is not actually the boat. We could find you a boat. The most critical issue today is geography. Finding a good marina that welcomes liveabards is becoming more difficult and depending on geography, impossible.
Iâd be more than happy to share what I now, in writing or otherwise if that is something you would desire.
Gail and I have 46 years of sailing together. 10 years of full time liveaboard experience. (2010-2021) And the past 5 years weâve been 7-8 months on and 4-5 months off.
Well you could just buy something on credit even if you donât need it. Itâs no skin off your teeth to buy something electronic, pay every payment on time and therefore pay no interest. Itâs a way of beating them at their own game and takes no skin off your nose. And then maybe you could sit down on a comfy chair in your own digs. Just sayinâ. Self-righteousness is thin gruel when what you need is roast beef and Yorkshire pudding, yes?
I've heard it wont be long before the credit card business will begin rejecting those who pay no interest, you know, those who pay the bill on time every month. They don't like that. Heaven forbid you pay too early.
As if! Then they wouldnât have all our lucrative data to sell to the marketing companies. The credit card companies are just barely not usury and if thereâs an angle to make money from every possible transaction, they have it locked down.
What are you doing still in the US?! Grab your passport and fly down to Leon, Mexico. I'll pick you up and set you up in a nice place near me for $9,000 pesos/month. It's near Guanajuato, the most beautiful city in all of MX. Peaple are nice. Food is cheap (comparatively). Weather is mild.
This is always fun and makes zero sense. Once recently, my husband asked a friend for a loan during a financial emergency âŠ.and that friend saidâŠand I quote ⊠âwhen things are better for you , Iâll helpâ
Haha. I am self employed and it always amazed me when a bank considered someone I employ as having better security as me. I can fire or lay th employee off but I can never be fired. That is a banker's logic.
Iâm sorry for your difficulties, but if youâre 42 and have never learned how credit scores figure in counterpartiesâ assessment of financial risk, thatâs on you (or your parents). At 20 yrs old in the Army in 1974, I did everything I could to get my first credit card so I could start building my credit history, for exactly the reason youâre facing now â counterparties care only about your dedication in paying your debts on time regardless of circumstances.
ok you are not understanding what i am saying. i know how credit works. i am not retarded. i am saying I CHOSE NOT TO USE CREDIT BECAUSE I AM NOT A PUPPET FOR THE BANKS. this was a MORAL CHOICE not a lack of understanding or foresight.
Yes, my great grandfather used cash for everything. Even his home purchase.
As did my father. But back then, homes were smaller and prices were much more stable. With the decline in the U.S. birth rate to 1.6, the massive gains in residential real estate are likely over, and some retrenchment may well be coming.
Yes, I was just talking this over with my husband and he had a similar response.
You married well. đ
Then I donât understand your complaint about the consequences. The path of those who live their morality is rarely an easy one.
Early on in my career, I started paying our CC balance in full every month. We paid interest on cars & houses only. Our last house we took a 15 yr note and paid it off on time. When we retired & moved to the Smokies, we opened bank accounts, and the CU ran a credit report â the manager sat back in her chair after reading her screen, and said theyâd never had a customer with that high a credit score. Iâm not intentionally bragging â we followed a plan to build and maintain our score because itâs an asset in and of itself in the modern world.
ok what part of this aren't you getting? 20 years ago you could walk up to a landlord and say 'here's a years rent in cash' and that was that. now you NEED credit to even get into a traphouse apartment in the ghetto.
i don't care about your financial stability. the point of the article is that privacy is being eroded and people are being categorized by a system that isn't much different from china's social credit system. i bet you'd complain about that if it was what i had chosen to write about.
instead you are looking at this article as a soapbox to brag about your credit score. i get it, you are very proud to be a cog in the devil's financial machinery.
however, i'm not looking for temporal, monetary rewards and adulations from my slavemaster. i am trying to get through life with my integrity intact.
the same banks you are paying off loans to is the same banks that were laundering money for epstein. think about that next time you are drooling over your perfect credit score.
Iâm not paying interest to anyone. We paid cash for our retirement home.
Iâm unsure why YOUâRE not getting MY point that I recognized that a credit score would be vital to life in the modern era. A credit score is a measure of financial reliability. The number of people who can pay a yearâs rent in cash in advance is so small that their risk models donât bother accommodating that fact pattern.
BTW, paying rent to a hotel or a landlord funds their interest payments to their banks. So youâre morally fucked which ever way you go, unless you live in a nice tent until you can pay cash for a starter home.
This is perfect example of financial segregation. Just like religious segregation and race segregation - itâs very clear to only the few who are not fighting the system. Morals or not, credit score or not, my religion vs your religion or no religion, my politics or âfuck youâ We are not on the same page and we need to get there to survive what is coming to everyone (IMHO) I think we are all fighting the haves vs have nots and its a stupid war with no winners
I'm glad you feel so good about yourself but please don't look down at people who chose not to go into debt and somehow think you are better than others because you sound very self righteous to me
My ex husband and I did the same thing.... before we even knew what Credit scores were. thankfully back in the day.. Credit scores were not even a "thing" I don't remember being aware of this until I was in my early 30s.. and that was a LONG TIME AGO. :)
I think this was meant for the author? đ
Yes, sorry. But as heâs replied, Iâll leave it here, if you donât mind.
No worries.
I had that happen to me too :) YEAH ..
đš
Nicely written. Welcome to the cash economy. I was one of those borrowers early in life dreaming of this perfect credit score so I could borrow more. I knew tough times were ahead; and decided it would not be wise to borrow ahead of my unemployment years ago. Could have borrowed six figures to weather the storm and recover, but decided it was risky. Anyway, your truth about 40 Trillion of debt and penalized citizens who donât join the game will stick with me for a bit.
Pre paid phone in a bargain compared to name brand. Prepaid $350 Viable was bought by Verizon in 2021. Service is same.
If you haven't tried, look up For Rent By Owner. Those people are often understanding and happy to take cash.
I said that too.. here in Nova as much as I complain about .. there are many people who rent rooms.. and have basements or extra small houses (used to be mother in law house).. and still is to this day..
You can still make it work. Get a credit card and use it only for those things you can pay off at the end of each month. Look at it like the electric bill. You pay in full each and every month. Use it for groceries and donât spend that amount on anything else. Now you have a monthly grocery expenditure. Good luck!
You would think being totally debt free would be a 1000 credit score!!!!! What a messed up world we live in@#$%^&!~!!
I admire in concept your staying true to your convictions. It is much more difficult to be out of the system while still in it. Get a far away from a city as possible to as small a town in as remote an area near others who are living as much outside the system as possible. Amish or Mennonite areas of PA and Ohio might be nice. The food is certainly clean and good for you. May be rent a room from one of them.
Forget the run down motels and apartments. Have you thought about going on a perpetual cruise? You could still "work from home" as it is and get to see the world while you are at it and meet nice people at every port...
This makes me sad
I hate this world
I hate the lizards running this country into the ground and I hate that you are living in a damn hotel where you have to pay top dollar. You will be in my prayers Wise Wolf đŠđș
I can now afford to restart my monthly subscription because last month I had to decide to stop paying 5 creditors so that I can actually survive. Love you đđđđ«đ»
Dang, that's so frustrating!!! There's that part in the Bible that says "do not worry about what you shall eat or what you will drive" - ok, maybe that's not the exact quote and this isn't a particularly great time to offer scripture quotes for a solution. I'm sorry I can't offer a solution but I do offer you my prayers in hopes that you can keep your wonderful sense of humor and your excellent writing skills. "For to his angels he's given a command to guard you in all of your ways." You make more of a difference than you could ever imagine.
You would be a great candidate for House Sitters America .com . As a bridge. You once said you have no friends and are inside writing all day. Perfect candidate. Homeowners who travel a month or even much longer( some have a cat or other pets) need an attentive human around to just house sit. Meanwhile, consider getting a Capital One card, charge $200 this month and pay off immediately. Then you can rent in a couple months.
If we aren't an off grid homsteader at this point and trapped in this shitshow, imo best to just work with what you can do, idk. I believe there are opportunities in all the US states, not sure what state you are in. Lily can give you a rec!
Hopefully you have been/are sober đ.
You and I have similar stories. I don't get loans. I remember going to buy a new Ford truck a few years ago. 60 grand. My friend owned the dealership and asked me if I wanted a loan. Asked what that would look like. He looked me up in the system and said, "I've never seen this before." I wasn't there. I have lived out of the US for 23 years and there are better ways to live. If you ever find yourself wanting a break, reach out, I'd enjoy the conversations.
When we were voyaging full time we didnât own a vehicle. We didnât have any credit cards. We had cash, one debit card,and some small denomination gold and silver coins. My dad needed to go into hospice and we needed to get rom SC to WI. We wonât fly. Trying to rent a car without having a credit card sounds like trying to rent an apt without a credit score.
We were finally able to make it work but it delayed our trip for 3 days.
Itâs all rigged that is for sure.
yeah iâve had the same issue trying to rent a car. i am not a number in some database on some bankâs server system. i am a human being. the credit system is a stoneâs throw away from chinaâs social credit system. privacy is dying. cash will be phased out in the next generation. every purchase will be tracked and ran through an ai that determines if you are allowed to spend your own money or not. the system is disgusting.
Indeed. Let me know if you are at all interested in writing or speaking about the boat option.
There are a whole lot of solid used sailboats for sale. The most critical issue is not actually the boat. We could find you a boat. The most critical issue today is geography. Finding a good marina that welcomes liveabards is becoming more difficult and depending on geography, impossible.
Iâd be more than happy to share what I now, in writing or otherwise if that is something you would desire.
Gail and I have 46 years of sailing together. 10 years of full time liveaboard experience. (2010-2021) And the past 5 years weâve been 7-8 months on and 4-5 months off.
Eric V
s/v Blessings
Bay City MI
eric@svblessings.com
My clients use co-signer services. I asked because at 68, I wouldn't qualify either.
Well you could just buy something on credit even if you donât need it. Itâs no skin off your teeth to buy something electronic, pay every payment on time and therefore pay no interest. Itâs a way of beating them at their own game and takes no skin off your nose. And then maybe you could sit down on a comfy chair in your own digs. Just sayinâ. Self-righteousness is thin gruel when what you need is roast beef and Yorkshire pudding, yes?
I've heard it wont be long before the credit card business will begin rejecting those who pay no interest, you know, those who pay the bill on time every month. They don't like that. Heaven forbid you pay too early.
As if! Then they wouldnât have all our lucrative data to sell to the marketing companies. The credit card companies are just barely not usury and if thereâs an angle to make money from every possible transaction, they have it locked down.
What are you doing still in the US?! Grab your passport and fly down to Leon, Mexico. I'll pick you up and set you up in a nice place near me for $9,000 pesos/month. It's near Guanajuato, the most beautiful city in all of MX. Peaple are nice. Food is cheap (comparatively). Weather is mild.