katpao

6 Contributions 49 People Helped

Member Since: March 2012

Most Helpful Contribution

What Is in a Credit Score?

Mar 22, 2015
Helpful to 44 out of 52 people

Bluedog234-  "we all must do our part to maintain the best credit score possible by utilizing the credit you do have"  You are freaking kidding me. So grandma pays off her house and car, now she has to go out and play a little credit card game, and you are saying it is her responsiblity to do so? Only in the USA.

Activity (6 Total Contributions)

What Is in a Credit Score?

Mar 22, 2015
Helpful to 44 out of 52 people

Bluedog234-  "we all must do our part to maintain the best credit score possible by utilizing the credit you do have"  You are freaking kidding me. So grandma pays off her house and car, now she has to go out and play a little credit card game, and you are saying it is her responsiblity to do so? Only in the USA.

How long after you pay an account off does it change on credit karma

Nov 19, 2016
Helpful to 4 out of 5 people

Because the people who created the credit bureau, are the same people who profit off the interest on your loans and credit cards. Naturally, they have created the system to ensure that you are continally indebted to them. Needless to say, you need to take out another loan or get yourself some more credit cards!

How long after you pay an account off does it change on credit karma

Nov 19, 2016
Helpful to 1 out of 1 people

The reasoning is, like I told the other person; the people who created the credit bureau are the same people that profit off the interest you pay on loans and credit cards. They have worked it out so that you must continually be indebted to them, or your score will suffer.

What Is in a Credit Score?

Mar 22, 2015

I say we all incorporate ourselves and avoid this little system the corporations set up to deliberatly milk interest and fees out of us.

Credit card utilization and your credit score

Mar 22, 2015

Absolute, total BS. I have a 300 credit card and I go shopping, so now I have a "very poor" 80% credit card utilization score? Then, they will actually use this to strong arm an extra deposit out of me when I go to rent an apartment. Who made this crap up? Oh yeah, the people who benefit from the high interest rates and additional deposits. You know, other countries don't have this scam BTW.

Credit card utilization and your credit score

Feb 21, 2015

I know, I have a card with a 300 limit and if I go shopping, it actually lowers my score... on some reports more than others. Real accurate depiction here. Why the hell should I have to play a numbers game with a 300 credit card that affects my score, the same as if I have one with a 20,000 limit? That is absolutly absurd and has nothing to do with credit worthingess. This country is a joke. The people who benefit off of this sloppy, inaccurate scoring system are the ones who created it. It is like playing monopoly with assh0les who are blatently cheating....  and then everyone not only continues to allow the assh0les to play, they make them the bankers. Yes, we are that stupid and the assh0les are laughing all the way to their offshore bank accounts with the money we work for, so they don't have to. You know, other countries don't allow the assh0les to play like this.