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Thrift Store shopping Could Ruin Your Credit?
April 14, 2010 Written By: Ken Thrift stores are an awesome source of eco friendly shopping. Re-using something someone else can't use or doesn't want means less waste, less new products on market and less resources in making the same thing twice. Plus, they are just fun. Who knows what you will find. I'll get things I might not get if they were expensive and new - try new things - branch out. If I don't like it, back it goes to the thrift. When I lived in San Francisco I had the most amazing choices for thrifts. Here in the mid west, it is a bit more limited, but still good times. Plus my three year old grows so fast, we can't keep up. No way I am spending $30 on a pair of pants he uses for a few weeks.
So I was disturbed to hear this from Design Sprout, " Leave it to corporate America to take this most harmless of hobbies and turn it against us. According to the Concord Monitor, credit card companies are noting purchases like thrift stores, shoe repair and tire retreading as proof that you're headed for financial ruin and using this as reason to deny, lower and in some cases even harm your credit." Be thrifty and green = bad credit. Another ridiculous thought process earning a giant raspberry: Phhhhhhhhhhhtttttttttt! (thanks Design Sprout!)
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