On Dec 21, 2012 the world as we know it is going to come to an end.*
Whether it will be total Armageddon or a major social upheaval or if it will be perpetrated by an inescapable natural event or will be the result of our own doing, no one knows.
Regardless of the details the prospect of the end of days begs one important question.
How will this affect my credit?
A human extinction scenario opens exciting financial possibilities for the average American to maximize their capital resources. Best of all you don’t need any business skills; everything you need is already in your wallet and waiting for you in your mailbox.
Most Americans have dreams that they believe they will never be able to achieve because of financial limitations. They already have debt they are frantically trying to pay off and many fear everyday for their financial futures. But if you consider that 2012 is merely half a decade away you really do not have a financial future anymore.
So how can you live your dreams before the end?
The amount of available credit you have is commonly referred to as “potential debt” and is considered to be a bad thing. However with the impending extermination of mankind it now becomes “potential wealth” and is your key to living your dreams.
The first step is to take all of those credit cards you have hidden away out again and start spending. Also stop tossing all those credit card offers in the trash and take them up on their generosity regardless of interest rates. Every new card is more potential wealth.
The next step is to reduce the amount you are paying back to the minimum payments. This alone can put hundreds of dollars back in your pocket. But don’t get overzealous and stop paying altogether. If you do not make at least the minimum payments you are in violation of your credit agreements and your creditors can cut you off. You don’t want that yet.
Finally take advantage of those courtesy checks that are attached to your monthly statements as well as cash advances. Not only are they great for situations that you cannot use credit cards you can use them to pay one card with another keeping even more cash in your pocket.
The important thing is to pace yourself, if you do too much at once you will raise red flags and again your creditors will cut you off. Eventually however even your minimum payments are going to become burdensome. At this point you can simply stop paying, very soon after your creditors will cut you off but if you were a savvy credit user you should have been able to take advantage of around 80% of your credit. For the average American this can be upwards of $40,000.
But what if the end does not come?
There is always the potential that this, like in the past, is a false alarm and life will carry on as usual. Not to worry, even if the end does not come your credit resets itself every seven years, so depending on when you reached critical mass you simple have to wait a couple of years and start over.
But it is unlikely that this will happen, 1999 and 2001 were both false alarms so the third times a charm as they say. The real question is how foolish will you feel if the conclusion to mankind is near and the only thing you accomplished in your final days was maintaining your 720 credit score?**
*According to some interpretations of the Mesoamerican Long Count calendar used by the Maya civilization of pre-Columbian Mesoamerica the Mayan system is beleived to predict the beginning and/or end of a major cycle in history, the “end of the world,” or the “dawning of a new age” on or around the period of time surrounding December 21, 2012. The significance of this period-ending to the pre-Columbian Maya themselves is unclear however, it is conjectured that this may represent in the Maya belief system a transition from the current Creation world into the next.
**This article is written as a work of fiction. Sylk Magazine has neither conformed or disproved the end times and is not responsible for damages, financial or otherwise, incurred from following the advice in this article. Some actions described above could constitute credit fraud, Sylk Magazine does not advocate credit card fraud or any other illegal financial activities and warns that following the information set forth in this article could cause irreparable damage to your credit and is not recommended.
On the other hand… What if the world was ending?