Fast forward, I worked for over 3 years, before the economy took a shit and I got laid off. Before this point I was never late on a single bill, always made payments higher than needed, etc.

I called my loan company the day I got laid off, they “reduced” my payments, but since most of my loans were private college loans, that reduction meant that about half of my monthly unemployment went to Sallie Mae. Of the other half, part went towards feeding me (else I would not be alive to pay off these loans, the grand purpose of life according to corporations) and the other part went towards my house, ehem, car payment (since I could no longer afford my apartment).

Of course I could no longer make payments on my 1 credit card or anything else. After a while, I just gave up paying college loans. I was far too hungry and sick (literally) of surviving on ramen noodles. Long story short, I managed to find a job after a year, but my credit score got annihilated, dropping 300 points from 72something to nothing.

And here is the kicker, my that I managed to keep paying off, died 300 miles after the warranty expired. It will cost something like 3000 to fix it. I still have 2400 that I owe on it. I cannot get a new car, or even a motorcycle, as NO ONE wants to give me a loan because of my credit score. I have to walk to work (takes 1 hour). I cannot get an apartment closer, because of my credit score.

I still live in my broken down car though. My friends were nice enough to let me park it in the desert behind their house.

This is bullshit. None of these companies gave a shit when I did everything by the book. Now, I am fucked because of their greed. I never bought retarded shit on credit, I was a good model citizen, until some greedy corporations decided to get involved in BS loans and the whole housing bubble collapsed.

My mom (dad didn’t come with us when we immigrated to the US) helped out best she could, but since we live on opposite coasts, it was tough.

I am so glad to have gone through this experience, because it made me realize we are no different than the slaves of ancient Egypt that broke their backs to built things like the pyramids for the dead body of one man, except these corporate bastards have our souls. The devil’s greatest trick is making people believe he does not exist, just like corporations greatest trick is making people believe they live in a “free” country and have the possibility of upward mobility.

This country needs to change, and the first thing is banning the shit out of limited liability corporations.

Now where I have to disagree with you Gonewiththewind is this:

“I’m not sure why you would think your credit score WOULDN’T be a valid indicator of you the person”

Just because you have a low credit score does NOT indicate what kind of person you are. Just because one choose to live inside their means and not play the credit game and pay for only the things they can afford at the time doesn’t mean they are irresponsible; in fact quite the contrary. If more people lived inside of their means and were responsible then this county wouldn’t have the economic problems it’s having; yes, it wouldn’t of had the economic growth it has had but it would at least be more stable with less care for possession and more care for the fellow man next to him.

We as a society have let these companies do this with our own walking around blindly and valuing shinny pretty things; gotta have the bling….

I do hate the inaccuracy of the credit bureaus but in order to have a car that I don’t have a 100% cash for, I have to play the game too The elitist have me under their thumb but I will guarantee this, they will never see me by a 25k+ car with a 500 dollar monthly payment (what a waste) so even though I have to play their game they won’t get me completely… Muahahahahaha..