this post was submitted on 19 Jul 2025
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Not just normalized, Required. Credit scores aren't based on how likely you are to pay off a loan, but on how likely you are to make the creditor money. If you take out loans and pay them off ahead of schedule, it will fuck with your credit. If you close an old credit card after you pay it off, it will fuck up your credit.
Want a house? You better have 400k cash laying around, or have been paying interest on cards and loans for 10 years to establish a good credit score. Want a decent apartment? They check your credit score too! Did I mention that every single job I've applied for has run a credit check on me?
FYI, Equifax leaked literally everyone's personal info after collecting it and selling it without consent. They still operate as one of the major credit score providers.