Would you trade a lifetime of having under a 600 credit score for 100k cash?

[Iceman]

Had this discussion with a guy today and was wondering what others take on this would be.

Basically would you get rid of a top notch credit score and the ability to buy a lot of high priced items on credit like homes, vehicles and other type loans for 100k cash.

I personally think credit a good credit score is just too important to toss away. I think it would be too big of a pain in the ass trying to get things done without good credit.

 

[MrCleo]

hell no. no brainer.

 

[Biggamer3]

Yeah, with a bad credit score you can file for bancruptcy and have a new credit score in 6-7 years

 

[D2bets]

It depends on where you are in life and what you own. If you're going to be looking to borrow a lot in the near future (i.e. buy a house), then NO, but if you already have a decent net worth and a home with a fixed rate, then maybe yeah.

 

[krk1030]

Yes

 

[shdw01]

yes, I would take it....cars aren't a big deal, the only hurdle would be getting a mortgage....i'll take my chances with $100,000 in my pocket today.

 

[WorldNumberOne]

i would consider it.

what stops a real old guy with no heirs and no estate from hitting a bunch of credit cards for cash advances and then never pay the monthly bill and not worry about it until he dies .

they have no way of collecting.

i will only have 1 heir and she wont need a penny from me as she will probably rule the world one day. i can see myself doing it just to spite the banks for sending me all that junk mail ..

 

[Buster]

i would also....just marry someone with a good credit score if i ever needed anything..

 

[ProPokerPlayer]

Hell i already got the 1st 1 so where do i sign up for the 100K?????

 

[ymmit2nd]

ill take the 100,000

 

[bigtendominator]

Hell i already got the 1st 1 so where do i sign up for the 100K?????

:missingte:missingte:lolBIG:

 

[Enfuego]

I bet if you had a good credit score you woudn't need 100K.

 

[WorldNumberOne]

I bet if you had a good credit score you woudn't need 100K.

mine is over 700 and i need 100k in the worst way...

 

[realestatepro]

Take the 100 grand and blow it all in Vegas. Then you'd be too depressed to worry about your shitty credit score.

 

[ProPokerPlayer]

I bet if you had a good credit score you woudn't need 100K.

Having had neither , at least in my case i believe at say 25 yrs old i had had a choice of either 1 the 100K would have changed my life more than the credit score.
Had i been college educated and from a family with a little more money i can see how that would not have been the case though..

 

[nhoj]

100k easy if you know what to do with it you will never need credit. Plus with a bank account with 100k in it you be surprised how much credit you can get. Even with a bad credit score. Maybe not as much as 3-4 years ago but still a good amount. Mortage would be hard but then again with the housing market the way it is you could always pick up a cheap foreclosed house.

 

[VIEJODINOSAUR]

Take the cash....cash is king; second to nothing....getting credit is way too easy...

 

[Harvey Dent]

$$$$$$$$$$$

 

[festeringZit]

No brainer. Take the Cash.

I don't need any more loans.

 

[lapdance]

Take the cash....cash is king; second to nothing....getting credit is way too easy...

we think alike way to often. or should i say i think like you way to often