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The Frustration Of Building & Maintaining Good Credit
A few days ago, I was reminiscing when this older man Deacon Armstrong was teaching a Sunday School class at this baptist church I used to go to when I was in my teens on how important it is to have good credit. For some reason, his words stuck with me, and have ever since that spring day.
What wasn’t told is how difficult it is to get and maintain good credit. You’ll read some of these articles and they make it sound so simple. ‘’Oh, just get your credit score up to 1000 and you’ll have excellent credit!’’ That’s wonderful news!
The problem is you could have so many obstacles in life that can cause your credit to take hits that you don’t want. Your finances get tight, a sneaky bill comes out of nowhere that you weren’t aware of, or the job you work at isn’t paying as much as unemployment did, and, now you’re feeling the effects of not getting those nice checks since going back to the workforce.
Building good credit alone is a mountain of a task. Maintaining it and trying to get it in the excellent zone? Impossible! The inconsistencies of the credit rules are mind-boggling. You could have a good body of work where you pay all your bills on time, and that might raise your credit up to… half a point. But if you miss one payment? Your credit score loses 10 points.
