||[Jul. 1st, 2010|11:32 am]
We forfeited our creditworthiness through no fault of our own (we were too indulgent, too trusting) but- like virginity- it's no great loss. For one thing we now get far less junk mail.|
Creditworthiness is only an issue if you need credit for something. If you live within your means it probably won't be an issue. It's like negative equity - a pain in the arse in theory but doesn't make too much difference in practice (unless you lose your job, of course, then you're screwed)
We live a bit hand to mouth, but it's working for us at the moment.
Always Look on the Bright Side of Life! *g*
I've finally dug us out of the financial pit my ex left us in ten years ago, and my only wish is never to fall into another one. Creditworthiness doesn't worry me, as long as I can make ends meet each week.
We lived beyond our means for a few years and are now having to watch our money very carefully.
2010-07-04 02:04 am (UTC)
Actually, anybody who works with credit ratings profesionally...
...will tell you that they're an imperfect assessment of a very narrow aspect of your life and personality. And getting more imperfect year by year.
I intend to die deeply in debt, leaving my creditors nothing but a spectral cackle and some empty bottles of Veuve Clicquot.
2010-07-04 08:59 am (UTC)
Re: Actually, anybody who works with credit ratings profesionally...
An admirable ambition!