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A comment on The careless errors of credit reporting agencies. Parent comment

Re:The careless errors of credit reporting agencies by dawnerd on Sunday September 11, 2016 @02:15PM (#12474737)
I think the way we do it in the states is reasonable enough. I wouldn't expect any person outside of those that are gambling to loan money without building up trust first. If you're making minimum wage and don't have a lot in assets you're not going to have a lot of available credit.

A lot of people don't realize this I think but if you hold a balance, especially over whatever percent of your total credit, it hurts. The moment I paid off all my cards my credit score jumped and all my limits increased.

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Re:The careless errors of credit reporting agencies by ThomPete on Sunday September 11, 2016 @02:48PM (#12474938)
It's not reasonable for a very simple reason. A lot of people who aren't good with money end up getting credit anyway.

You could learn about peoples financial maturity through simply checking their normal debitcard/bank transactions.

Does he/she pay is monthly rent, is he/she constantly hitting zero on their balance etc. None of this require credit card usage.

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