dramaticcat@sh.itjust.works to 4chan@lemmy.world · 8 months agoAnon on credit scoressh.itjust.worksimagemessage-square245fedilinkarrow-up11.33Karrow-down155cross-posted to: [email protected][email protected]
arrow-up11.27Karrow-down1imageAnon on credit scoressh.itjust.worksdramaticcat@sh.itjust.works to 4chan@lemmy.world · 8 months agomessage-square245fedilinkcross-posted to: [email protected][email protected]
minus-squareTrantarius@programming.devlinkfedilinkarrow-up8arrow-down1·8 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-up3·8 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-down6·8 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.