Can You get approved for a srt of any kind with a 650 credit score asking for a friend
My score wasn't low because bad life decisions it just took me until my 30s to realize to get anywhere financially you can't pay for everything in cash like I had. Never had a credit card until I was 34. So though it's rare bad financial decisions have nothing to do with bad credit.
It was beat in my head by my grandparents on both sides of my family and my parents that cash is king and if you can't afford to pay for it in cash then you don't need it or save longer and buy it then. That was such a hard habit to break and I still kind of hold on to cash and such but I've done a lot to help my credit situation in the past few yearsNo disrespect at all intended but that's actually part of the bad financial decisions that can be made to hinder decent credit. You are 100% right that poor pay history is bad and what most people attribute towards a poor credit score but not developing your credit as soon as possible is also part of those financial decisions that cost a lot of people a lot of extra money early on in life.
The other thing people also lose sight of is debt to income ratios which also play a factor in it.
To much credit is a bad thing as is having no (or little) credit history.
I suffered the same fate as you but not so late in life. Fortunately for me I got into finance into my early 20's and saw first hand how credit would effect people and learned how to build better credit as part of my job. My father raised me as it sounds like you were raised (Never owe $ to anyone) but times changed which requires a new train of though. I still wish it was better to have no debt as I hate oweing anyone money but that's just the world now. I do as you. I have my home, a single car note and one CC that I keep open. Rest is paid in cash (plus the CC is paid in full at the end of the month always).