Vent: Overheard a guy at the coffee shop bragging about his 'perfect' credit score

I was waiting for my order yesterday and this dude was literally telling his friend he hadn't checked his credit report in 6 years because 'it was 820 back then, so it's fine.' Then he said he just pays the minimum on his cards because the bank keeps raising his limit anyway. I actually choked on my drink a little. I had a cousin who thought the same way until a $35 library fine somehow turned into a collections mark that tanked his score by 100 points. These credit bureaus don't care if you were perfect 6 years ago, they care about right now. Has anyone else run into someone who thinks credit scores are permanent?

3 comments

3 Comments

val94916d agoTop Commenter

Wait, don't credit reports have errors all the time too?

robert_lopez6415d ago

They're definitely not perfect either, @val949... I've heard of people getting mixed up with someone else's debt just because of a similar name or a typo in a digit.

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bennett.vera13d ago

Read somewhere that like 1 in 5 people find a serious mistake on their credit report. It's scary how a simple error can mess up a loan application or even a job offer. Makes you wonder how many people don't even know they've got bad info on theirs.