@tinyhands agreed that paying bills on time, living within ones means, investing regularly and sensibly, etc. But to ignore credit history check Eureka it for the sake of ignoring it when the world at large uses the number to determine an increasingly diverse amount of things about you is pretty ridiculous in my opinion. Luckily, if one credit history check Eureka follows good credit behavior then a credit history check Eureka good credit score will follow. How is credit score meaningless if you plan on having a mortgage some day? My score has meaning because it prevented me from refinancing my car with an institution credit history check Eureka that would be more convenient for me credit history check Eureka to deal with. It will also matter when I take out a mortgage and will affect my finances by thousands credit history check Eureka of dollars, hopefully in the right direction. Credit behavior is important obviously, as you stated. But its impractical to ignore credit history check Eureka a number that plays such a large role in most peoples lives (except those without any debt or mortgage). Also, why criticize Baker for wanting to know his score? What about the fact that hes a personal finance blogger and his readers are likely curious about the affect of canceling their credit cards on their FICO score? free credit report from 3 bureaus Hes clearly not modifying credit history check Eureka his life because of the score, otherwise he never wouldve canceled the cards in credit history check Eureka the first place out of fear of his score dropping. Without a credit score, cell phone companies will not give you a normal contract. They require a large ($1000 or $500) deposit *and* put you on a handicapped plan that, for example, does not allow international roaming. I had to be a customer with credit history check Eureka T-mobile for a year and a half before I could get off the handicapped plan and turn on international roaming, which sucked, because I travel internationally a lot. (No, you cannot roam internationally on pay-as-you-go.) Without a credit score, my utility company made me pay a $500 credit history check Eureka deposit. They paid it back (with $0.14 interest) after a year of being credit history check Eureka a customer. credit report 3 Additionally, when you need to do something like this that requires a credit check and you dont exist in the databases, the customer service people credit history check Eureka get all hushed and confused. I dont know what shows up on their little screens, but it must be scary-looking. I wish there were some way to say look, I pay what bills I credit history check Eureka have and I have more money than I need, dont make me jump through more idiotic hoops. Apparently, however, the only way to do that is by credit history check Eureka having a credit card. At some point I began to be reimbursed for much of my travel.
This, combined with the above annoyances, are what pushed me to finally get a credit card.
Hilariously, because of my lack of credit history, the limit on the card has been too low for the past three credit history check Eureka years to actually cover, say, several plane tickets, a week of hotel, and conference registration, so I end up fronting credit history check Eureka most of the money with a debit card instead. I wish there were some way to say look, I pay what bills I have and I have more money than I need, don’t make me jump through more idiotic hoops. They have invented a way, it is called a credit report and credit score.
Businesses want to know that you have a long and proven history of paying credit history check Eureka money you owe to other businesses. online credit reporting They want to know that you are trustworthy of extending credit to. If people credit history check Eureka want to hide this information from them then they need to pay the price. @doubters How did knowing your credit score affect your behavior? Did you NOT credit history check Eureka apply for a car loan or mortgage because you knew your score ahead credit history check Eureka of time? No, you needed a car credit history check Eureka loan/mortgage, so you applied for one. If you knew that the outcome was going to be bad, would that mean that you no longer need a car loan/mortgage? Your knowledge of your score has credit history check Eureka no effect on the outcome, because the credit history check Eureka lending decision is not yours to make.
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