You really shouldn't...

apply for credit when you declared bankruptcy two weeks ago. You also shouldn't apply for credit when you aren't paying your 10 existing credit lenders. If you've been bankrupt two or more times in the last 10 years you should also really think about why you are applying for credit again. Being bankrupt once is ok, twice is just a no brainer that perhaps you have money management issues. Three times and anyone who grants you credit is an idiot.

That just some of the fun stuff I see at my job. Sometimes I wish I could talk to these applicants to help them get back on the right track with their credit. I used to do that when I worked at CitiFinancial. Most of the time it would go in one ear and out the other but that was the nature of the majority of the people we lended money. There were a few however that took my advice to heart and actually paid attention. Those few actually improved their credit rating in a relatively short period of time and typically paid us out with a loan from a major bank. On the majority of those payouts I was thanked for helping them establish their credit and teaching them how to handle credit properly. That made the job there worthwhile.

Now I just have to shake my head at some of the stuff I see - and I see a lot of it - while reviewing "high-risk" credit applications. Heck, even the agricultural applications I see make me shake my head at times. Just the other day I had a farmer who was $363,000.00 behind on his $1,100,000.00 mortgage. Why was he out applying for credit when for all intensive purposes it looks like he was about to lose the farm? Just not thinking straight I guess. I hear from our sales sources sometimes on deal like that that "he/she needs the equipment and they'll recover". Not exactly reassuring to say the least.

Well, that's enough for that rant. On the topic of my job, however, I find it funny that I make decisions all day at work regarding credit but as soon as I get home I can't decide what to have for dinner when given choices by Marla. I guess my decision maker is empty by that time=)