national credit system com
I’m all for credit where it’s due. In this case, however, the credit system is not due to you. It’s due to your credit score. Your credit score is your credit report.
Just because you get a good credit score from a major credit bureau doesn’t mean you can go and buy a house. You can use credit cards but if you don’t pay them back then they can’t issue a mortgage and credit card companies can’t issue credit. In other words, you can’t just go and buy a house and expect to get a good credit rating.
If your credit score is good, you can still use credit cards. Your credit card company won’t make you pay them back, of course, but you can use your credit card to pay for stuff. You can also use your credit cards for things you can’t pay back like medical bills and college, but you can’t use them to buy cars, boats, or anything with wheels. So, yes, you can use credit cards to buy stuff you dont pay back.
This is how they work in the real world too. Credit cards don’t necessarily work like that in the real world, but in many cases they work the same way. This is why we’re seeing so many people with bad credit scores. If you have an outstanding bill from a credit card company that you have to pay money back, you’re going to get a notice. But instead of getting a warning, you’re going to get this.