No, it's safer to lend to someone who has handled credit well (i.e. by paying it back) than someone who has no track record. There's a catch-22 if rules are so

No, it's safer to lend to someone who has handled credit well (i.e. by paying it back) than someone who has no track record. There's a catch-22 if rules are so strict so that you can't get credit because you haven't had credit before, but in general "positive" credit reporting seems pretty beneficial.