the loans are a lot more risky. What happens when a loan is riskier? The interest rate is higher, or people are just outright rejected.
And the likelihood is that the people who are outright rejected will follow unfortunate patterns.
Comment on Anon tries to understand credit scores
Candice_the_elephant@lemmy.world 1 week agoEither or, depending on the risk tolerance of your lender.
A low limit credit card with 0 interest if you pay off in full before it’s due is a great way to build your credit score.
the loans are a lot more risky. What happens when a loan is riskier? The interest rate is higher, or people are just outright rejected.
And the likelihood is that the people who are outright rejected will follow unfortunate patterns.
RamenJunkie@midwest.social 1 week ago
Yes, but why is this game even required?