Mastodawn

Andrew Lokenauth Mar 2

My credit score dropped when I paid off my car.

My credit score dropped when I paid off my student loans.

Credit agencies told me: "You should get more loans to increase your credit score."

The system punishes you for not owing any money.

They want you in debt forever.

Credit scoring is one of the biggest scams.

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Marty McFly

@FluentInFinance, After getting into credit card trouble in my twenties, I paid off everything and assiduously avoided debt. It caused my credit score to drop. I had to get a loan I didn't need, and deposit the money directly into an account just to pay back the loan just to raise my score. What a pointless exercise! What a racket!