this post was submitted on 25 Jul 2026
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It's not poorly implemented. It works exactly as designed. What most people fail to understand is it's not a rating of how likely you are to repay a loan, it's a rating of how profitable it is to loan to you.
So if you pay off your cards completely, you aren't paying interest, and you're not as profitable a customer as someone who has 10k in debt that they're paying interest on every month.
They also don't exactly have an 850 rating if they're $10k in credit card debt though.
Depends. There are plenty of stupid rich.
I worked oil and gas, coworkers bragged about only paying the principle interest. They both made over 6 figures out of college. Had another coworker in oil and gas that rented his vehicles, never owned them. Eventually covid happened and car prices went up. He also lost his job for incompetence. Didn't own his house nor his car.
Similarly, I knew a doctor/teacher combo that kept buying stuff. Like a boat, cars, bigger house for their stuff. They divorced as stuff isn't an answer for issues.
Those would be considered the profitable debters.
Yup
Goes up if you make minimum payments on credit cards
Goes down if you pay off a credit card
Goes down if you miss credit card payments.
Mine goes up when I have a zero balance. My score always drops if they do the check while I have a balance on the card.
My wife has a really high credit score. It's taken me years to get her to understand that it's not a rating of how good you are at paying your debts, but how much of a sucker you are.
So much straight up misinformation in this thread lmao. My credit score was in the 790s-810s up until this year. I've never missed a credit card payment, I've always paid it off in full every month, and I've paid off every loan I've ever taken out early. I've only started carrying a bit of a balance this year as we work on home renovation projects, and my credit score has started dropping because of it.