879
Take your FICO and shove it!
(lemmy.world)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 22 Mar 2024
879 points (92.2% liked)
memes
10549 readers
2809 users here now
Community rules
1. Be civil
No trolling, bigotry or other insulting / annoying behaviour
2. No politics
This is non-politics community. For political memes please go to !politicalmemes@lemmy.world
3. No recent reposts
Check for reposts when posting a meme, you can only repost after 1 month
4. No bots
No bots without the express approval of the mods or the admins
5. No Spam/Ads
No advertisements or spam. This is an instance rule and the only way to live.
Sister communities
- !tenforward@lemmy.world : Star Trek memes, chat and shitposts
- !lemmyshitpost@lemmy.world : Lemmy Shitposts, anything and everything goes.
- !linuxmemes@lemmy.world : Linux themed memes
- !comicstrips@lemmy.world : for those who love comic stories.
founded 2 years ago
MODERATORS
Credit score is based on things which nominally correlate with financial trustworthiness (or something like that).
This is a very big improvement over a system where loans are denied because a racist bank employee doesn't like you. It is definitely not a perfect system, and we should definitely strive to make it better, but the concept isn't (IMHO) a bad one.
Also, as others pointed out, personal and national debt are...different.
Also, your credit score goes up from having debts that you make payments towards.
The US hasn't missed a payment since the War of 1812.
The party has decreased your social credit score by -37. You can no longer access public transportation. Thank you for understanding.