Comment on Anon tries to understand credit scores
FinjaminPoach@lemmy.world 4 days agoIt doesn’t work that way, at all. Credit scores are individual. Either that person is mistaken, or they were a co-signer on one or more of those loans (which makes them matter to their score also).
Thanks for fact-checking me man, I did start to think I’d got the wrong end of the stick while writing it.
laurelraven@lemmy.zip 3 days ago
To be fair, your credit score can be affected by someone else’s actions if the credit tracking agencies screw up and think you’re the same person… This is hopefully harder to happen now, but my mother and her brother had the same initials in a different order and their SSNs were different by only one number and somehow the credit bureaus messed up and it was a headache getting that untangled.
That said… Yeah, that’s absolutely not how it’s supposed to work and if it happens it’s because someone somewhere screwed up.
Now that it’s all computerized, the odds of that happening should be pretty slim, but things do still go through a human’s hands at some points of the process so it’s still not impossible.