The people I know with bad credit, consistently whine about how horrible and unfair it is, all while continuing to make the bad choices that got them into that situation in the first place. One person I know continue to spend like they have plenty of cash to pay their bills despite being severe debt, basically spend it as you get it and don’t worry about paying off your debt.
Bullcrap.
I have a family member who’s credit got screwed because some stupid bank he never did business with put a big debt on the credit report. He’s going through hell trying to get it corrected.
These credit bureaus are a joke. There was a study not long ago that 1/4th of credit reports have errors bad enough to effect lending decisions and interest rates. That’s an astounding number. And it extremely difficult to get those errors corrected.