Unlike Greece, most countries, and people are very protective of their credit. It has major impact on elderly that may need financial assistance as they get out of the job market.
In the US it means far more than loan leverage.
Chronically low credit score can deny an applicant various type of insurance, even a job.
Worse, people that cannot pay their way may resort to crime.
Is there a web site that will measure my credit rating?
I do expect that mine will be remarkably low.
My income is relatively low, as I am only part time, I have no credit card, I have very little credit history, I have no idea how long since I took out a loan, possibly 20 years, and my mortgage is also low. I have very little working life left, so credit wise I am probably stuffed.
However I do at least, own 2 houses, 4 cars, and a caravan. I spend less than I earn year on year, so have plenty of savings. I also still have a pension to get plus an NHS pension, so I just hope I can survive.
There does seem to be a flaw or two somewhere...........
I have also run businesses while I was in employment. I used to enjoy it. They always ran at a profit, but either not enough of a profit, or I saw the market changing and so they never took over from gainful employment for me.
Until now I suppose. I don't class myself as self employed. I class my self as running a business in which I am the main employee. Well, actually, the only employee.
I have no idea my credit score and I could care less. I don't have credit cards and never have (I had a few work credit cards but that doesn't count) nor do I have any loans. I pay cash for everything. I refuse to play the game.
a_muppet: Ha, I just spotted you, Noeleena - sneaking in. ::Sgc7Hl4::
Nov 13, 2024 3:58:37 GMT -5
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TestDummyCO: WOF has creaky floors. ::mCOIty6::
Nov 13, 2024 21:01:47 GMT -5
heatherly: ::Sgc7Hl4::
Nov 13, 2024 21:06:02 GMT -5
jen: It's good to know you are still here Noeleena ::Sgc7Hl4::
Nov 14, 2024 3:39:22 GMT -5
Ɖσмιиιc ♰: creaking floors, you make me laugh, Cherry has good eyes huh?
Nov 14, 2024 21:25:03 GMT -5
noeleena: Thank you i do come in allmost every night ,just dont allways have some thing to say ,of cause you know i,m a spy....lol,s.
Nov 19, 2024 2:06:33 GMT -5
MaryContrary: lol hi noeleena!
Nov 19, 2024 5:58:54 GMT -5
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MaryContrary: she's like the wof elf on a shelf *giggles*
Nov 19, 2024 5:59:54 GMT -5