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A comment on Apache Struts Statement on Equifax Security Breach. Parent comment

Re:Apache Struts Statement on Equifax Security Breach by thaumasiotes on Saturday September 09, 2017 @02:14PM (#15208355)
A history of regular payments on a card with a $100 limit doesn't require you to go into debt in any way except for an accident of nomenclature. Pay your $5 every month; you'll have normal credit and no carried debt.
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Re:Apache Struts Statement on Equifax Security Breach by luckydata on Saturday September 09, 2017 @09:09PM (#15209952)
You can't build a functionally useful credit score that way. The amount of credit is accounted for in the model, not just the percentage used.
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Re:Apache Struts Statement on Equifax Security Breach by thaumasiotes on Sunday September 10, 2017 @02:36AM (#15211043)
Amount of credit is accounted for in the model, yes. But it's not the only thing accounted for.
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Re:Apache Struts Statement on Equifax Security Breach by Larrikin on Saturday September 09, 2017 @02:38PM (#15208500)
If it is that easy, isn't it worthless?
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Re:Apache Struts Statement on Equifax Security Breach by thaumasiotes on Saturday September 09, 2017 @02:39PM (#15208504)
No. That is how you build a credit score. If your goal is to build a credit score, it is not worthless, and it is also not a risk to your personal finances or a means by which it is even possible to get into nontrivial debt.

A large part of the credit score concept is to flag people for whom paying a trivial bill on time is difficult.

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