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originally posted by: Sillyolme
a reply to: Ophiuchus 13
There will still be people who wont pay back the loans. This is why we have credit scores. So we know who is trustworthy and who is not.
originally posted by: JBIZZ
Credit score has nothing to do with if you make payments or not. I also been at the same job for 15 years & own 2 condos outright, 60 ounces of gold & 300 ounces of silver. After my current auto loan is paid I will make it a point to never get another loan again in my life.
originally posted by: Ophiuchus 13
originally posted by: Sillyolme
a reply to: Ophiuchus 13
There will still be people who wont pay back the loans. This is why we have credit scores. So we know who is trustworthy and who is not.
Who is paying back unemployment-Covid19 Cares and other support money like?
originally posted by: Ophiuchus 13
The objective with a higher credit score is to give access to loans faster to pay debts up to date.
a reply to: schuyler
a reply to: lakenheath24
This is the reason there is no secretive cabal aka TBTB running the world. Too many differing opinions.
originally posted by: scraedtosleep
a reply to: Ophiuchus 13
Why not do away with the concept of credit scores entirely?