Bankruptcy score? What the heck is that?
Yeah, that’s what I said. I only found out about it recently, when Trinity and I applied for a loan at our credit union to buy this here MacBook I’m typing on. (Yes, yes, I know we should have just saved up the money to buy it outright. But I can’t lug my iMac around to teach WordPress classes, and we still got a pretty good deal on the loan. Plus, when we pay it off early, there’s no penalty.)
Actually, the road to the MacBook Pro loan and the revelation of the bankruptcy score is a long one. Long story short — we tried to extend our credit line on one credit card, to adjust the ratio, but they denied us; we also tried to reopen a card we had paid off years ago, then stopped using, but that bank denied us. That was all even with Trinity’s excellent FICO score and my improving FICO score. (I was actually pleasantly surprised with how high my score was.) I was very pissed about all this, seeing as how both these banks are getting bailouts funded by taxpayer dollars, yet they are denying hard-working taxpayers with good credit like Trin and I (yet give sweetheart loans to these Democratic senators who have problems paying their taxes), but hey — you move on.