I took the same position until I needed to buy a home for my family. Although I'd saved a lot of money, had no issues with my credit history, etc... Banks would

I took the same position until I needed to buy a home for my family. Although I'd saved a lot of money, had no issues with my credit history, etc... Banks wouldn't go near me due to a lack of credit history, and I was told to speak with "B lenders" who would take a chance on me by selling me a terrible mortgage. Since then I keep a close eye on my credit rating, reviewing it monthly and ensuring what I'm doing is improving it. I strongly dislike it, but I can't risk limiting my family because I disagree with how people in power think things should work. Until this drops out of fashion, I'm going to ensure my score is excellent. I had never felt like more of an idiot as I spoke to the mortgage advisor and discovered my money management had completely knee capped my family's ability to buy a home when it was wise to do so. We lost out significantly as a result, and it still burns to think how much easier life would have been if I just sucked it up and played the game all along.