Credit scores, should they even matter when businesses lie?

I used to be obsessed with having excellent credit, but no more. What’s the point of trying to maintain a decent credit rating when greedy businesses start making up fictitious bills and sending them to collection agencies?

Just two examples of many: I had a phone company try and charge me for something I didn’t even agree to on paper. They said I verbally agreed to something I did not agree to. Then they had the audacity to send it to a collection agency when I refused to pay for it. Sure you can argue their claim, or give an explanation to the credit reporting agencies, but who has the time to battle every $200.00 discrepancy. I’m guessing there’s a lot of this going on lately because several people I’ve spoken with are having similar problems. One person was using one of the free credit reporting companies to get a copy of her credit report. The trick here is that you have to cancel your membership, or they start charging your credit card monthly. Well although she canceled, they kept charging her monthly, she refused to pay and now it’s being turned over to a collection agency. The insatiable appetite for profit seems to cross all ethical boundaries. When the system is so utterly broken that businesses have to make crap up to make money, what’s the point? Should the whole credit system be revamped?