Quote:
Originally Posted by vash
didnt want to post up in the other thread. just wondering. if someone makes moderate cash, lives a moderate life. just trying to do it old school, work, save, invest alittle...like our parents did.
living relatively risk-free like wont make us rich...i know. but will some fast-living risk taker simply bounce back from a bad loan and keep on going, scot-free?
is the seven year credit "time out" painful to endure? ulcers in your future? having a hardtime wrapping my mind around it.
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A lot of things could happen in 5-7 or 10 years. If you play your cards right, you could retired early. I say don't screw up that credit. You need money ( hopefully someone else's money) to make money.