817
Credit score is a poorly implemented modern invention.
(thelemmy.club)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 25 Jul 2026
817 points (95.7% liked)
People Twitter
10243 readers
1919 users here now
People tweeting stuff. We allow tweets from anyone.
RULES:
- Mark NSFW content.
- No doxxing people.
- Must be a pic of the tweet or similar. No direct links to the tweet.
- No bullying or international politcs
- Be excellent to each other.
- Provide an archived link to the tweet (or similar) being shown if it's a major celebrity, figure or any politician. If you replace the "x" at their site with xcancel (so it beomes xcancel.com), and you're not on mobile, it will save video. https://web.archive.org/save is another great option. Archive.is is no longer recommended because they remove/alter content.
founded 3 years ago
MODERATORS
How does a credit score help? In my country we have a register for things like cars than you can see if any debt owed on it, so I guess tracking is on the asset side. Otherwise, wouldn't it just be fraud and the banks would take legal action? That would still produce a record that could be checked too.