Comments on: Why bother being debt free?

By: Alex

Alex — Wed, 17 Dec 2008 05:24:10 +0000

Thank you for your post. It is advantage for me.

By: Roxy's Best Of...

Roxy's Best Of... — Sat, 13 Dec 2008 00:08:40 +0000

Being debt free and having a good credit score may not make a difference on your new cell phone (those companies have a ridiculous set of rules all their own), but I bet it will help you in the future to get financing on a larger purchase (like a car, home equity loan or a vacation home). I can’t believe the number of times I’ve paid a higher interest rates for stupid credit mistakes I’ve made in the past… sadly, it feels like rather than fighting someone who’s trying to rip me off for a couple hundred bucks (like my Comcastic cable company), I should just suck it up and pay them, letting them steal from me to prevent their bad credit report on me from meaning a lot more financially in the future for what it does to my credit score.

Glad to hear you’re enjoying your new Blackberry. My husband has had one for years and it makes a lot more sense than my pretty little iPhone.

Happy weekend to you!
Roxy

By: Andrew

Andrew — Fri, 12 Dec 2008 11:38:55 +0000

Yeah, it really make you wonder sometimes doesn’t it?

The more that people try to do the right things, the more they seem to get kicked for it.

Still, at the end of the day you exercised your right as a consumer and took your money elsewhere to a business that didn’t make you jump through hoops to give them money.

By: Anna

Anna — Fri, 12 Dec 2008 03:00:51 +0000

Hi! Well, being debt free means being at peace. That is what I would like to achieve. I am not yet as free as you are right now.

If you are here in the Philippines, you could get all the phones you want. I do not know what went wrong there at Vodafone. That is really something to pissed about. I hope everything would turn right soon.

By the way, thanks for putting drophaloics.com. That is really a great idea!

Take care!

By: Greg

Greg — Thu, 11 Dec 2008 14:15:26 +0000

Thanks for the responses, I may well write a letter of complaint and send it registered post.

Funny enough though I walked into an O2 shop today, and walked out with a Blackberry Bold, on a similar package to what the BB Storm was on Vodafone and had no problems what so ever when they did a credit check.

OK, its not the exact phone I wanted but it was hasle free and after this experience I am not sure I would want to deal with VF customer service as a paying customer.

Greg

By: Natural

Natural — Thu, 11 Dec 2008 10:25:57 +0000

being debt free is always worth it. when you don’t have that debt hanging over your head you are able to build wealth a lot faster. why would you need debt, to keep a nice credit score. unfortunately the world we live in relies on borrowing and not saving or budgeting and look where it has gotten us. imagine if the USA was debt free how much better the economy would be. we would not need bail out. it’s worth it. trust me.

By: Paul @ TechByPC

Paul @ TechByPC — Thu, 11 Dec 2008 06:44:52 +0000

Write a registered letter to them complaining about the situation. I have a feeling that would get their attention and you would end up with an apology and the ability to purchase your phone.

I had to do this sort of thing for a number of years because I had a black mark on my credit report that wasn’t legitimate but couldn’t get rid of it. I never had any problem getting the credit I wanted after explaining the situation though. That black mark has since finally been cleared off.

By: Greg

Greg — Wed, 10 Dec 2008 17:49:14 +0000

Thanks for the responses.

Megan, land line companies used to do that, if you had a poor credit history they would ask for a deposit, but it doesn’t happen with cell/mobile phone companies.

Shinade, I used to get all those offers but they seemed to dry up as soon as I got things sorted funny enough.

Anyway its 17:50 and still no call back from VodaFone, now isn’t that a surprise.

The problem I have now is if I go to another company for a different phone, they can see that Vodafone have checked my report today and assume they have denied me for a reason which I assume could again effect their decision.

I do wish I had stayed in debt, then at least I wouldn’t have even considered this AND some of the bad debts would have been removed next year due to the age of them.

By: Dan Brantley

Dan Brantley — Wed, 10 Dec 2008 17:43:27 +0000

Credit is incredibly complicated. Dave Ramsey tells a story about how, since he has not borrowed money in years – he has no credit history. So, while he is a multi-millionaire, he would not qualify to rent an apartment in an apartment complex he could afford to buy!
Stay debt-free. It will pay off long term.

By: Shinade

Shinade — Wed, 10 Dec 2008 15:52:04 +0000

Sounds perfectly normal to me. I am disabled and haven’t worked in almost 10 years.

Until this past year my credit report was terrible due to student loans.

Yet I have all kind of offers for credit everyday. anything from cars to cell phones.

Something is really messed up with the entire situation.

And geez don;t I hate it too when you spend half the day on the phone telling the same story over and over again!

Oh that felt good to get that out.

Thank you!