What We’re Up Against

A fool and his money are lucky enough to get together in the first place.
— Stanley Weiser

A short one today, because honestly I just don’t have the words to express the horror I experienced when reading this thread on the MyFICO forums. Read it if you dare, but be prepared either to be enraged, saddened, or both.

I can’t decide what depresses me the most:

  • This person “desperately” wants a Macbook air, a laptop whose defining features are, 1) its specs are somewhat lower than average, 2) it’s somewhat lighter than average, 3) hipsters like it, and 4) it costs more.
  • He (I assume it’s a he) obviously didn’t have the money to pay for it, but he just had to have it, so despite the fact that he has obviously had serious issues with debt in the past (as his posted credit scores show), he went to great efforts to accumulate even more.
  • The bank approved him, then immediately expanded his credit line!
  • He bragged about this “success,” and rather than boos, looks of disapproval, and punches in the face, he was greeted with cheers an congratulations by his fellow board members. Some even claimed to be envious!

If this poor, misguided fellow showed the same tenacity toward getting his spending under control as he has clearly shown toward racking up more credit, his life would improve immeasurably.

As it stands, all that’s missing to complete the picture is him using his new toy to log onto the Daily Kos and bitch about how it’s impossible to get ahead.


  1. both. holy crap.

  2. I’ve never had a credit card… nor even had the desire or need for one. Reading that forum is like peering into some odd, parallel dimension or something… also the amounts that they’re being “approved” for (eg $300), seem horribly low. I’m guessing that just further demonstrates how horrible their credit ratings must be…

  3. Prob8

    Some people just don’t get it. We probably all know someone like that. I personally know someone who walked out of bankruptcy court and went immediately to the BMW dealership to see if they could qualify for new car. It’s just a different mentality.

    • Sean Owen

      That’s pretty brazen. The sad thing is they probably did qualify.

      Creditors LOVE to sign up the recently bankrupt, because they know they can’t do it a second time. It’s the best way to get someone making minimum payments on racked-up late fees forever.

      Those guys have a word for guys like me that pay off our entire balance every month: “deadbeats.”

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