Comments on: Reading, Writing, and…Credit Scoring? http://www.mint.com/blog/goals/reading-writing-and-credit-scoring/ The blog of the free, simple personal finance solution. Track all your spending automatically, find the best deals, save more money. And save the world. Sun, 12 Feb 2012 05:07:51 +0000 hourly 1 http://wordpress.org/?v=3.1.3 By: Tomas http://www.mint.com/blog/goals/reading-writing-and-credit-scoring/comment-page-1/#comment-47666 Tomas Mon, 12 Apr 2010 12:34:02 +0000 http://www.mint.com/blog/?p=6767#comment-47666 Thanks to the author for a good and instructive story. Good information. Thanks to the author for a good and instructive story. Good information. ]]> By: opinionated http://www.mint.com/blog/goals/reading-writing-and-credit-scoring/comment-page-1/#comment-44431 opinionated Thu, 21 Jan 2010 19:17:14 +0000 http://www.mint.com/blog/?p=6767#comment-44431 I agree with Jason, it's a shame we are encouraged/made to apply for finance, monthly phone contracts and credit cards to increase our credit scores, the country and banks should have found a better way of scoring us that doesn't require us to have a multitude of credit facilities. Did you know if you have lived by your means with no credit/laon/mortgage/monthly mobile contract you have a worse credit raing than someone who has had bad debts and cleared them. My family household went bankrupt and my mother can get car finance whereas my boyfriend who has always lived by his means with no credit can't!?? I agree with Jason, it’s a shame we are encouraged/made to apply for finance, monthly phone contracts and credit cards to increase our credit scores, the country and banks should have found a better way of scoring us that doesn’t require us to have a multitude of credit facilities. Did you know if you have lived by your means with no credit/laon/mortgage/monthly mobile contract you have a worse credit raing than someone who has had bad debts and cleared them. My family household went bankrupt and my mother can get car finance whereas my boyfriend who has always lived by his means with no credit can’t!?? ]]> By: knockhead http://www.mint.com/blog/goals/reading-writing-and-credit-scoring/comment-page-1/#comment-42872 knockhead Tue, 08 Dec 2009 20:55:48 +0000 http://www.mint.com/blog/?p=6767#comment-42872 We've started discussing credit cards and the credit scores with our kids even at this stage. At times it may seem it's not sinking in but do not despair. One day they'll thank us for the info. We’ve started discussing credit cards and the credit scores with our kids even at this stage. At times it may seem it’s not sinking in but do not despair. One day they’ll thank us for the info. ]]> By: CreditLendingBlog http://www.mint.com/blog/goals/reading-writing-and-credit-scoring/comment-page-1/#comment-42021 CreditLendingBlog Thu, 12 Nov 2009 14:45:57 +0000 http://www.mint.com/blog/?p=6767#comment-42021 Helping kids become financial savvy while they are still young can help them a lot when they grow up. If more people did this, the US economy would not have been in such a bad shape. Helping kids become financial savvy while they are still young can help them a lot when they grow up. If more people did this, the US economy would not have been in such a bad shape. ]]> By: Petey Payday http://www.mint.com/blog/goals/reading-writing-and-credit-scoring/comment-page-1/#comment-40999 Petey Payday Fri, 23 Oct 2009 23:55:56 +0000 http://www.mint.com/blog/?p=6767#comment-40999 Teaching kids to do this is SMART. Credit card debt is going to be a huge problem in the coming months for many. Teaching kids to do this is SMART. Credit card debt is going to be a huge problem in the coming months for many. ]]> By: Steve http://www.mint.com/blog/goals/reading-writing-and-credit-scoring/comment-page-1/#comment-40996 Steve Fri, 23 Oct 2009 23:12:50 +0000 http://www.mint.com/blog/?p=6767#comment-40996 Did you even read the article? That's exactly what the author is saying! Paying a card off each month does not create debt, it's simply a financial tool. And the author stresses using the card only for convenience. Credit is an integral part of our financial system, what do you think a mortgage is? Did you even read the article? That’s exactly what the author is saying! Paying a card off each month does not create debt, it’s simply a financial tool. And the author stresses using the card only for convenience. Credit is an integral part of our financial system, what do you think a mortgage is? ]]> By: Jason http://www.mint.com/blog/goals/reading-writing-and-credit-scoring/comment-page-1/#comment-40981 Jason Fri, 23 Oct 2009 13:20:43 +0000 http://www.mint.com/blog/?p=6767#comment-40981 Arrrrrrggh!!! KIDS (or anyone for that matter) DON'T NEED TO BORROW MONEY!!! That's how our country has gotten into a bunch of the problems we're currently in. Live on LESS than you make! "(FICO) score will essentially become their financial DNA" - what a joke! You don't need a credit score. Mortgages can be manually underwritten if you have a paycheck and pay your rent/utilities on time. You may get hosed a little on insurance rates, but that's a small price to pay to NOT go into debt. Please be more responsible with your blog posts. STOP ENCOURAGING DEBT!!! Arrrrrrggh!!! KIDS (or anyone for that matter) DON’T NEED TO BORROW MONEY!!! That’s how our country has gotten into a bunch of the problems we’re currently in. Live on LESS than you make!

“(FICO) score will essentially become their financial DNA” – what a joke! You don’t need a credit score. Mortgages can be manually underwritten if you have a paycheck and pay your rent/utilities on time. You may get hosed a little on insurance rates, but that’s a small price to pay to NOT go into debt.

Please be more responsible with your blog posts. STOP ENCOURAGING DEBT!!!

]]> By: Greg http://www.mint.com/blog/goals/reading-writing-and-credit-scoring/comment-page-1/#comment-40968 Greg Fri, 23 Oct 2009 04:23:51 +0000 http://www.mint.com/blog/?p=6767#comment-40968 Please please please increase the spacing between paragraphs. This is almost unreadable! Please please please increase the spacing between paragraphs. This is almost unreadable! ]]>