People Twitter

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Credit score is a poorly implemented modern invention. (discuss.online)

submitted 1 month ago by VetOfTheSeas@discuss.online to c/whitepeopletwitter@sh.itjust.works

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[–] Someonelol@lemmy.dbzer0.com 13 points 1 month ago (1 children)

They also don't exactly have an 850 rating if they're $10k in credit card debt though.

[–] Pollo_Jack@lemmy.world 1 points 1 month ago

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.