We find ourselves involuntarily immersed in a bit of nonsense every now and again. Be it waiting behind the guy who can’t decide what he wants to order at the coffee shop or the lady that can’t seem to figure out how the ATM machine works but no other institution does the bidding for nonsensity (yes, I just invented a new word) than the credit bureau.
The fact that you need to have credit to get credit is pure and utter nonsense. Take Brian for example (see picture), he’s never worked a day in his life. He just landed his first job at a lucrative advertising agency and he just moved into his first apartment but he can’t afford to buy his furniture in cash so he needs to get it on credit, but he doesn’t have credit because he’s never had account, because he’s never worked a day in his life. Should he be denied buying furniture?
Let’s take it a step further. Let’s say he needs to take 3 taxis to get to work and his monthly transport expenses amount to what installments for an entry level car would via financing. The best option for him would be to get a car right? Wrong. Because again these nonsensical gatekeepers will deny him credit because he’s never owed a single cent to any institution in his life. Brian is stuck in a conundrum that many young and modern South Africans find themselves, where they’re forced to open a clothing account at that cheap retail store for clothes that that they will probably never wear (and if they do they’ll probably need to replace them after a couple of washes).
Credit institutions need to have less stringent rules to accommodate the young modern South African because let’s face it, we’re broke! People that get stuff on credit probably do it because they can’t afford to get it cash. They should consider our reparations in these cost evaluations (because heaven knows we’re not getting those easily)
But because Brian is a stress savvy young person he’ll find a way to shake off all the nonsense, he’ll just put the accounts in his mother’s name and teach the system a little lesson in “creative maneuvering”. Go on Brian, brush your shoulders off and enjoy that new flat screen TV and that sweet new ride.
In the words of the great poet, philosopher and scribe Taylor Alison Swift “the players gon’ play, the haters gon’ hate, heart-breakers gon’ break and the fakers gon’ fake so I’m just gon’ shake”.
Credit bureaus, just #StopTheNonsense man!