It's a petty that people use credit scores as a proxy for "financial competence", because they're such a shit measure of this.
The thing they actually measure is how much potential you've got as a debt slave. That's a very different thing!
This post was brought to you by my bank telling me I need to go into £15k of debt to improve my credit score. Apparently the fact I pay them so little interest makes me "less reliable" as a borrower. 🙃
Jan_U /
npub1nk…w4tv0
2023-04-24 11:14:30
Author Public Key
npub1nkn00yknvyw3wr3qyzwhp63gaqa6j9z7nrmlvpc9pqte4ac6j5qsww4tv0Seen on
wss://nos.lolPublished at
2023-04-24 11:14:30Event JSON
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"content": "It's a petty that people use credit scores as a proxy for \"financial competence\", because they're such a shit measure of this. \n\nThe thing they actually measure is how much potential you've got as a debt slave. That's a very different thing!\n\nThis post was brought to you by my bank telling me I need to go into £15k of debt to improve my credit score. Apparently the fact I pay them so little interest makes me \"less reliable\" as a borrower. 🙃",
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