Wake Up and Smell the Coffee - Your Creditor’s Don’t Want You Out of Debt
Tags: bank lenders, bankruptcy discharge, bankruptcy filers, banks, chapter 7 bankruptcy, checking account, common sense, credit report, credit score, current information, due dates, easy money, indebtedness, loan brokers, loan products, loans, personal finances, personal financial status, profit margins, rush
I chuckle when I hear people talking about how much their bank or credit card cares about them. They might care but they certainly don’t want you to do something stupid like get out of debt.
There is no profit your bank can make off of you when you are not in debt. And the system is designed to not benefit people that live debt free lives. Think about these points:
Credit Report and Credit Score - Your credit report is less attractive when you don’t have debt. Unless there is current information being reported about how well you handle using credit, … Continue Reading
