Not sure how related that was to the post but oh well
Totally related.
It's bonkers that this stuff happens and it's more often than one may think.
I spend twenty years being a commercial and residential real estate agent and I've so many people fail to get finance over the line due to the sort of nutbaggery you mention. Videos not returned to the store (videos shows my age lol) and phone bills not paid, like one, just to name two. It's mad. And yet, the banks showboat around make billions in profits on the back of the general populace. It's pretty disgusting.
Look at what happened to you, then look at some asshole who implements banking policy that causes people financial stress, in the name of more profits. Hmm, seems like your $100 is a little inconsequential in comparison.
I'm not sure where you are, but here in Australia that would eventually be wiped from your record and your score will improve. Oddly, you can improve your store by getting a credit card and paying it off perfectly. I know people who have done so, just to get a mortgage later on.
Yeah this is my main issue - Why is my lifestyle needing to go into debt the only indicator that i'm good at paying off debt? Surely a quick investigation can see the fact that I Have a ton of savings, income, and a history of consistent payments should go into account? But nah. I have to use debt, credit. Which I never wanted to do.
I live in China but I'm from the UK, its the UK i'm referring to. I simply never needed credit having lived abroad my entire adult life, and if I did that in China, it doesn't transfer back to England anyway, no country's credit does. You could have incredible scores in the USA but you're starting from scratch if you ever move a bit North over to Canada.
So when I finally get out of this dystopia, I have a long road ahead of buying chocolate bars and light bulbs on credit cards just so I can satisfy the retarded status quo -__-
It's a big problem and another way banks are forcing people into credit. I remember doing the same thing as a kid of around 19. I got a credit card and used it to establish that I could pay credit. Before long the $2K limit was $10K and more. That's how they trap people. The fuckers didn't trap me though, I learned quickly. Many do not.
I can tell you're butter about it and justifiably so. We, (the general population) are treated in this way and worse and all we can mostly do is suck it.
When you go back, might I suggest Mars Bars and Toblerone and when you get light globes, consider LED ones.
Haha - only if they're better for building credit!
Each of the items mentioned have excellent credit-building qualities and two out of the three are good on the tastebuds, so a double win.