These institutions desperately need to be done away with. Credit companies exist to perpetuate themselves - ask anyone why they need a credit score. The only answer you'll get is "well, because you just do."
People not knowing how credit scores work is probably the only reason most credit companies are still around.
Credit scores are not actually a measure of how good you are with your income/debt ratio, how on time you are with payments, etc.
The easiest way to increase your credit score is to buy a bunch of shit and make minimum payments. Why? Because they know if your credit score goes up and they increase your credit limit that you'll get into more debt and buy more shit to make the minimum payment on. This is also why people tell you not to close your empty credit cards even though they frequently have an annual fee, it'll hurt your (((credit score))) goy!
Credit cards are essentially Jews buying your labor at a discount because you have poor impulse control.
Then they can control you even more because you're a few thousand or more in debt and you won't be able to make the minimum payments if you name the Jew.
Yup. Industry Insider lingo for people who are good with their money, have high credit availability with low debt, and spend within their means? Deadbeat.
For example, to a credit card company: a hard working person who consistently pays off his balance before the end of a billing cycle is a worthless pile of human garbage. That college student who maxed it out after a month and only pays the minimums? Royalty. It's fucked.
It's easy to out-Jew the Jews with credit cards, if you're disciplined, though. The penalties are tough for being a retard, but there's lots of benefits. Consumer protection, warranties, travel insurance, rewards, access to special services, etc. Just gotta not fuck up and let them sink their fangs in to you.
The other month I got the full value of a tablet reimbursed, outside of manufacturer warranty, when my daughter dropped it and it stopped working properly. Just because I put it on the credit card (which I paid off the same day). Got a check in the mail, no questions asked.
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DeliciousOnions ago
These institutions desperately need to be done away with. Credit companies exist to perpetuate themselves - ask anyone why they need a credit score. The only answer you'll get is "well, because you just do."
3TrillionPotatoes ago
People not knowing how credit scores work is probably the only reason most credit companies are still around.
Credit scores are not actually a measure of how good you are with your income/debt ratio, how on time you are with payments, etc.
The easiest way to increase your credit score is to buy a bunch of shit and make minimum payments. Why? Because they know if your credit score goes up and they increase your credit limit that you'll get into more debt and buy more shit to make the minimum payment on. This is also why people tell you not to close your empty credit cards even though they frequently have an annual fee, it'll hurt your (((credit score))) goy!
Credit cards are essentially Jews buying your labor at a discount because you have poor impulse control.
Then they can control you even more because you're a few thousand or more in debt and you won't be able to make the minimum payments if you name the Jew.
TheTrigger ago
Yup. Industry Insider lingo for people who are good with their money, have high credit availability with low debt, and spend within their means? Deadbeat.
For example, to a credit card company: a hard working person who consistently pays off his balance before the end of a billing cycle is a worthless pile of human garbage. That college student who maxed it out after a month and only pays the minimums? Royalty. It's fucked.
Ho-Lee-Fuk ago
Credit cards are essentially Jews buying your labor at a discount because you have poor impulse control. This is going on my quote wall.
TheTrigger ago
It's easy to out-Jew the Jews with credit cards, if you're disciplined, though. The penalties are tough for being a retard, but there's lots of benefits. Consumer protection, warranties, travel insurance, rewards, access to special services, etc. Just gotta not fuck up and let them sink their fangs in to you.
The other month I got the full value of a tablet reimbursed, outside of manufacturer warranty, when my daughter dropped it and it stopped working properly. Just because I put it on the credit card (which I paid off the same day). Got a check in the mail, no questions asked.
Stuff like that.