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Total BS. If you pay cash

Submitted by Tyler on November 14, 2007 - 05:32.

Total BS. If you pay cash for everything (ie. debit card), there is no point to have a great credit score! And that includes buying a home! Instead of shopping for a mortgage based on your FICO score, get a manually underwritten loan that actually checks your income, assets, etc. and not your FICO. You, the author, obviously have been brain-washed by the FICO monster and you are now in the back pockets of all credit card companies and they love you for it. Pathetic article which may cause one person to actually get a credit card and overspend into debt. Why tempt yourself in the first place! Pathetic....

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