Punished for having good credit? That's a LOAD of garbage.
cav♤fighter;742338 said:Must have a 620 or lower? Lol. Well screw the ppl with decent credit I guess
:thinking: I don't think its the people with good credit who are getting punished or screwed here. :crazyeyes:
:thinking: I don't think its the people with good credit who are getting punished or screwed here. :crazyeyes:
MTG is right, I think everyone is missing the point. This is preying on the financially unwise and the idiots. They are basically saying, "if you have a credit score under 620, we will give you an extra $500 so sign up for this loan bc we know you will default and we will be able to rape you on interest / fees for thousands." Classic sharking.
This exact practice cause the housing market crash / Great Recession about 9 years ago.
They won't default. They have plenty of money thanks to the welfare system we have in place.