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Topic | TIL credit scores didn't exist before 1989 |
Prismsblade 12/19/21 1:27:48 PM #12: | s0nicfan posted... I don't mind the concept of a credit score, but it bothers me that the courts decided that these companies don't have to reveal their formula. It's one thing to collectively agree as a society that certain criteria can generally be used to determine whether somebody can handle a loan or not. It's another to keep that secret while also allowing it to impact a great many aspects of life.What part of their formula to you is a secret? Get a credit card, maintain consistant payments, never go above 30% utilization, and allow them to age. I can check said criteria literally whenever I want when I look at my FICO score or whatever other credit grade there is. --- 3DS FC:3368-5403-9633 Name: Kaizer PSN: Blackkaizer ... Copied to Clipboard! |
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