dramaticcat to 4chan@lemmy.world · 11 months agoAnon on credit scoresimagemessage-square239fedilinkarrow-up11.33Karrow-down154cross-posted to: [email protected]greentext
arrow-up11.28Karrow-down1imageAnon on credit scoresdramaticcat to 4chan@lemmy.world · 11 months agomessage-square239fedilinkcross-posted to: [email protected]greentext
minus-squareTrantarius@programming.devlinkfedilinkarrow-up7arrow-down1·11 months agoThat doesn’t really make sense either. Why would a high amount of debt relative to income be a good thing? How does it indicate a person is more likely or capable of paying off a loan? If anything it means the opposite.
minus-squareSCB@lemmy.worldlinkfedilinkarrow-up3·11 months agoA high amount of debt to income is absolutely a bad thing, both in life and for your credit score
minus-squareDkarma@lemmy.worldlinkfedilinkarrow-up1arrow-down6·11 months agoLol 5hey want u to carry a higher balance. It’s not that hard.
That doesn’t really make sense either. Why would a high amount of debt relative to income be a good thing? How does it indicate a person is more likely or capable of paying off a loan? If anything it means the opposite.
Because it’s a racket
A high amount of debt to income is absolutely a bad thing, both in life and for your credit score
Lol 5hey want u to carry a higher balance. It’s not that hard.