October 16, 2007

Credit Cards

Credit Cards - I was one of those people that never even had a credit card for most of my life. Everything I paid with in cash. Until I got into the mortgage industry, then I understood how bad of a plan it was. Sure I may have saved in the short term, but I lost in the long term. So Im stuck building credit, so that when I get a mortgage I dont get reamed.

It makes sense now; you can prove that you are worth lending money if you dont have a proven track record of being able to handle borrowed money. Although my doctors ream me left and right, so I dont know how good my credit will ultimately be. But I keep an eye on it with a few credit monitoring systems, but I have friends that can run my credit for me.

Plus I got my laptop stolen from me, although almost everything was encrypted, and I had a password on it, they broke it. I even logged their IP address when they logged into it, but the police wouldnt do anything, the internet provider I tracked it too didnt do anything. So when someone logs my IP address, I could care less if its residential very little chance of anything happening.

Thankfully, they never got a hold of my credit cards and social in my laptop. But I have everything frozen.

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