I was reading an article on MSN Money about how to get a car even with bad credit…. The article talks about financing options, what is available to you and even gives a link to a Bing search suggesting ways on How To Improve Your Credit Score…. I think there is an issue here, don’t you?
MSN is a great website with great money information and interesting stories, all in all they are an authority. Surely the fact that anyone is in bad credit is enough to say….. er that probably means you did not do good with your cash either recently or not that long ago (me included)…. So in my honest opinion going out and getting a new car is an outrageous idea!
I also don’t think that you need to concentrate on improving your credit report or credit score if you just concentrate on the right things!
Get an old beater, simple! If you can’t afford it, don’t get it.
Save up for a house and rent until! Loans and credit give you things you really cannot afford. It’s in many ways impatience. I don’t think we should deserve loans, they take hard work out.
Now obviously I am over-ranting here a little because I want your thoughts on how to improve your credit score and what you think about getting loans when you have bad credit. Please do take the time to comment and let me know your opinion.