4 ms·

Then the problem is in the model. A credit rating is supposed to index your financial stability. I'm obviously stable enough to not have debts, but my credit sc

Then the problem is in the model. A credit rating is supposed to index your financial stability. I'm obviously stable enough to not have debts, but my credit score does not reflect this. The bank guy I explained this to got physically agitated.

nimblegorilla 11y ago
It doesn't really index your financial stability. It indexes your history of paying bills on time. People in debt that make regular payments are much better customers than people that don't need to use debt.