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TopicMy credit score went down by 12 points :(
Ogurisama
10/19/17 3:26:46 PM
#8:


Muffinz0rz posted...
The whole concept of credit score is dumb

Not really, the point of credit rating is to stop credit bubbles from bursting.
If it wasnt around Banks, loan, and mortgage companies would disappear pretty quickly. Or even companies that bill you monthly.
It saves them from giving out money left and right to people who dont repay their debts.
Now lowering when you check it for loan, that is dumb if it is a one time check.
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