you are viewing a single comment's thread
view the rest of the comments
[–] 2 points 1 day ago (1 child)

Perhaps it's the lack of consistency in someone's life. A credit score is just a system to tell banks if your are going to be profitable or will you keep up payments for them. Paying a card off is the ultimate revenue loss for a credit card company.

  • source
  • parent
  • hideshow 2 child comments
  • [–] 2 points 1 day ago

    Not really, people with bad credit make them the most money, they stay in the debt cycle and have higher rates. They probably cover their loss risk in the first year of a lower credit score person in interest.

  • source
  • parent