Not logged in
Log in now
Create an account
Subscribe to LWN
Pencil, Pencil, and Pencil
Dividing the Linux desktop
LWN.net Weekly Edition for June 13, 2013
A report from pgCon 2013
Little things that matter in language design
You can lose your credit rating! This means you will pay significantly more for any kind of credit for many, many years in the future.
Universal health care
Posted Oct 12, 2012 10:18 UTC (Fri) by ekj (guest, #1524)
A) If you're "really poor", your credit rating is likely to be poor to catastrophic already.
B) It's still a larger loss to loose large fractions of your income, and all of your wealth, and your credit-rating, instead of losing only your credit-rating.
C) If you're "really poor", then there's very few situations where getting credit will help you, it will help short-term, but at a cost of additional pain longer term. The exception is if the short-term cost is for something that gives you additional income longer-term. (say buying a used car, to be able to commute to a new job you got)
Copyright © 2013, Eklektix, Inc.
Comments and public postings are copyrighted by their creators.
Linux is a registered trademark of Linus Torvalds