Credit and the economy
By dreamertink
@dfollin (25343)
United States
September 27, 2010 9:10pm CST
I have been looking to move and at the ads I am looking at it makes it very hard and even impossible sometimes to meet their expectations.Even private rentals,where they are not run by a real estate agent or management company have large qualifications.
Landlords expect you to have a high credit rating,been working the same job for at least a year.You must be employed full time,not be getting assistance of any type.But,the way the economy is now,no one can guarantee that they can keep a job a year or 40 hours a week.Therefore they have to get some sort of assistance from somewhere for something,especially if they have children.
What do you think?
3 people like this
7 responses
@Miner49r (568)
• United States
28 Sep 10
Credit originally was considered as the basis or the ability to repay a loan or debt.
These days it has become a a tool to rate and classify everyone into nice little numbered packages.
Not only is does one's credit score effect if you are able to rent an apartment, but it also determines if you may or may not get hired. Credit score also is used to calculate your auto insurance and is an indicator how how responsible one is or is not.
Essentially, we are "profiled", "classified", and "labeled" by what our financial history reflects, ...regardless if was of our own doing or not. With the difficult economics times many good and responsible people are taking a hit on their credit score.
Personally, I don't like being labeled by a number. I do pay my bills, and am attempting to get out of mild debt. Beyond that I don't give two hoots or an iota about what my credit score is or what it says about me. I simply won't play that game them.
1 person likes this
@dfollin (25343)
• United States
28 Sep 10
I know it is totally unfair to be labled by your credit.They tell you well,we will give you a job if you get your credit rating up,by paying your bills.Excuse me but,how can you pay your bills when you can't get a job and in this economy it's hard to keep a job.Good for you to be able to get out of debt.And maybe you are in a position not to care what your credit score is,but there are a lot of us that have to move and even private owners want you to have great credit,be employed full time only and been at that job for at least a year.So,we have to care about our credit scores.
@dfollin (25343)
• United States
28 Sep 10
Oh no,I understand.It is great that you are in a position where you don't need to care about your credit scores.But,there are some people out there,like myself that do.Because my credit score is not good I cannot get a place to live or have a car.However if you can do it great.I wish I could.:)
@Miner49r (568)
• United States
28 Sep 10
I didn't mean to offend anyone, I was only simply trying to convey the unfairness of what a credit scored represents. As far as my not caring about my score, this is true I don't. Only because I just refuse to play the credit profiling game that is so prevalent today. I may pay the cost and cut off my nose to snub my face in the end, but I will have stood true to my convictions.
Again, this is only a personal view point and not meant to make lite of others circumstances.
1 person likes this
@ktosea (2026)
• China
28 Sep 10
That's the reality I guess,we can't change it but what we can change is ourselves,we change ourselves to fit for the society,the natural life. it is really harsh for many people in every corner of the world to get a decent job and feel happy working on what they really earger to do.but life is life, we have to do something to make our life,meanwhile do something you would like to do,to change the circumstance...stick to it and things will be better someday
1 person likes this
@dfollin (25343)
• United States
28 Sep 10
There is not much we can do to change it,unless we win the lottery and share.For example one of my son's work got cut back to one evening per week.So,he got another job and was hurt on it because they did not follow rules.Then he found another job and he only worked it less than a week then he lost it because that business lost their highest paying customer.My other son has to keep changing jobs,because even thou he only gets part time hours the courts want to garnish more than he makes
@Thoroughrob (11742)
• United States
28 Sep 10
I think everything is getting more strict with credit. What I don't understand is what the rest of us are to do. I realize they don't want stuck, but everyone needs a place to live.
1 person likes this
@scarlet_woman (23463)
• United States
19 Oct 10
the law needs to stop allowing landlords to use credit rating-that's making people homeless.now if you were buying a house,i could see that..but an apartment? come on.
all it takes is a vengeful ex destroying your rating and you're on the street.
@dawnald (85146)
• Shingle Springs, California
29 Sep 10
I understand that landlords want to protect themselves, but I feel for the people who have gotten into a bad situation due to no fault of their own. This economy is awful, and sometimes it is impossible to meet all the criteria.
@ANTIQUELADY (36440)
• United States
29 Sep 10
Good morning Donna, i am sorry that u are still having a hard time. I hope u are able to find u a place w/out so much hassle. Things will surely turn around for u one of these days.
