3 ms·
I think the story is that the COVID stimulus checks meant that people who normally live paycheck to paycheck were for the first time showing a healthy bank bala
by jandrese 2y ago
I think the story is that the COVID stimulus checks meant that people who normally live paycheck to paycheck were for the first time showing a healthy bank balance which increased their credit score just enough to qualify. Once the checks stopped they stated defaulting.
- losteric 2y agoSince when is bank balance considered in credit scores and checks?
- jandrese 2y agoSince forever? Part of the assets/debt ratio.
- do_not_redeem 2y agoI'm gonna need a source on this one. https://www.myfico.com/credit-education/whats-in-your-credit-score https://www.myfico.com/credit-education/whats-in-your-credit...