[Rupeviv]

Today I found the true meaning of the phrase, “You cannot be logical in an illogical world”. I was denied on my home loan today because my credit is, “too good”. In other words, I spent years building my credit to a score of to almost 800 and eliminating all of my debt. A few years ago, that would have made me a prime potential home buyer (you know before the housing market went to shit), because that is how you used to gain credit, by building it up. In short, you gained more credit by showing you were responsible. That’s logical. Would you loan $500 to a guy who you know won’t pay you back, or to someone who can show you they are capable of paying you back? Logically, you’d say the second guy. Illogically, you’d say the first guy because he can’t pay you back, but now that’s how it is. My home loan was denied because I have no current debt. So by paying off all of my debt and being responsible, I have become unreliable to creditors. Yet, people can now walk away from their home, have it foreclosed upon, and buy a new home two years later because their foreclosure is forgiven. In other words, creditors CANNOT loan me money because I can actually pay them back, but they MUST loan it to people who can’t pay them back. So now this is the world we live in, where the financially irresponsible are rewarded, while those who are fiscally responsible are punished. Thank you so much Mr. Obama.