The Benefit of having Bad Credit?
September 21st, 2007A couple of days ago, I went to a comedy club, and a comedian said something that was quite funny, yet also very true. He said he recently filed bankruptcy and had terrible credit, but he was glad because he didn’t have to worry about identity theft.
That cracked me up! Even if a criminal had possession of your private information, they still wouldn’t be able to qualify for any credit in your name. They would end up with nothing but rejection letters.
He went on to joke that the identity thief would have a better chance of improving his credit than destroying it.
January 11th, 2008 at 3:56 am
Ya buddy, that is really funny! You just gave a typical example of how bad credit will make you lose money. Excellent work!