You know that feeling when something gets said so many times that people just start treating it as fact, no matter how shaky it was in the first place?
Like, Santa didn’t make the cut, but God sure did.
What are other examples of things that basically became true through repetition alone?
Well they are pretty correct when you think about them not as does this person pay their bills, but as will this person make the bank money.
That’s why you’re penalized for paying off something early and credit cards help your score but consistently paying rent doesn’t.
Credit score just shows they can make interest off you, not that you’re good with money, and in fact I feel like the people who are best with money (saves up and buys things cash) are just penalized with crappy credit scores.
Ah you’ve fallen for the oldest trick in the book, may I interest you in this $6 bill?
Fun fact: credit score disproportionately harms minority groups