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Check out this man's story. His ex wife ruined his finances.

BKDre

July 8, 2015

7 upvotes

/r/MGTOW

http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/From-800-to-Foreclosure-How-Negatives-Effect-Your-Score/td-p/3760423?sourceid=Email20150708JulForumsWc&cm_mmc=exacttarget-_-Email20150708ForumsWc-_-cust-_-800score

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Post Information

Title	Check out this man's story. His ex wife ruined his finances.
Author	BKDre
Upvotes	7
Comments	3
Date	July 8, 2015 11:07 PM UTC (11 years ago)
Subreddit	Posted in /r/MGTOW
Original Link	https://old.reddit.com/r/MGTOW/comments/3clyxi/check_out_this_mans_story_his_ex_wife_ruined_his/
Archive Link	https://theredarchive.com/r/MGTOW/check-out-this-mans-story-his-ex-wife-ruined-his.625948 https://theredarchive.com/post/625948

Comments

[–]BKDre[S] 5 points6 points7 points 11 years ago (2 children) | Copy Link

If you read the thread he states she basically ran off and is still taking advantage of his military benefits. "No the divorce hasn't finalized as she has moved half way across the US and keeps playing games with my lawyer and the courts and drawing it out. It is my firm belief she's been delaying due to receiving all the military benefits of a spouse (free health insurance, etc.) If I was asking the court to award HER the house, then she would have had to refinance it. But she doesn't like working so she wouldn't meet income requirements.

As for a CH13, I don't really see me holding onto the house while I just became a student. Especially since I would still have to pay for repairs and the monthly payment."

I remember a few MGTOW speaking on women quickly trying to marry military men before they hit the wall so they can reap the benefits.

As someone approaching 800 fico, the idea of joining my finances with another person is terrifying. Having a fico score of 800+ takes years of responsible borrowing. Its taken me almost a decade to get close after having some issues as a teen. So i can feel for this dude!

If he stayed single, he would be living the life right now. Good credit, home, free to do what he wants financially. But now he has to suffer through a divorce, and apparently the wife is stretching it out to milk his benefits further. Just horrible.

He updates the community on his journey back to 800 fico. Pretty interesting so far.

Marriage is for suckers. She sucked him dry of his benefits, and ran away. Classic tale in some respects.

[–]NidStyles1 point2 points3 points 11 years ago (0 children) | Copy Link

[–][deleted] 1 point2 points3 points 11 years ago* (0 children) | Copy Link

my FICO is currently 830 and I protect it for all I'm worth. It takes years to get there and there are lots of things that can bring it down in a hurry, things as seemingly innocent as taking out a new card or closing out an older card account (thereby reducing the length of your credit history, the time you've had all your cards are averaged)

For a few years now I have been a major lender with Lending Club. I've made approx. 6700 loans over the last three years, almost all of them in the minimum $25 amounts, probably only 5 or 6 hundred at $50 amounts, none over $50 (as an original Prosper 1.0 lender back in 2006-8 I learned some very hard lessons about that). I have access to quite a bit of the financial information of the borrowers and have set up and refined various filters over time to select loans. I have learned that the most important factor to consider in making a loan is the borrowers FICO score. I no longer will loan anything to any borrower with a FICO less than 720. Sorry, if your FICO is less than 720 the chances you are an irresponsible deadbeat (or just unlucky, divorced, bad decisions, etc) are just too great. A few hundred charged off loans to date have shown me this.

Its a tough world.