Thursday, June 29, 2006

How I Became My Own Consumer Credit Counseling Service And Bounced Back From My Bad Credit Nightmare (part 12)

There are procedures. There are a whole set of right and wrong ways to begin to deal with your reeking credit history and the Big Three, Experian, Exquifax and TransUnion. But what did I know? Squat. When I received my credit report, I sat down with and went through it.

Now, I'm a college graduate and figure I'm no dumber than the average college graduate. But that credit report had some esoteric, evil-looking things on it. Some things I understood, but many things were beyond my comprehension.

Frustrated, I tossed it aside - which was the worst thing I could've done and was probably exactly what The Big Three wanted me to do. It should come as no surprise to you that I think of the Big Three as Mannie, Moe and Jack, only malevolent.

Even if I had understood, I reasoned, what would I be able to do against Experian, Equifax, TransUnion? They were the righteous behemoths, indifferent, unassailable, and whatever voice any individual might raise against them in challenge or protest would surely fall on unresponsive ears. I was intimidated, I didn't know how to interpret the information on the report, I had brought all this on and deserved the grim state of affairs I found myself in - I wasn't worthy! I WASN'T WORTHY! WAAAHHH!

Instead of arming myself with knowledge, I went into overload-mode and just dropped the whole thing. I rationalized that ten years wasn't such a long time, when you thought about it. It would probably be over in the blink of an eye. Yeah, I'd ride it out and suck up the consequences ...(consumer credit counseling, to be continued)