Credit scores are bs. My credit isn’t good. I’ve paid a lifetime total of approximately 10c (attempting to convert to $US) interest on credit cards and have never missed a bill - I pay them off before they arrive. 90%+ of my payments are credit card. My score reflects something other than my likelihood of paying back debt.

Have you tried asking for credit limit increases on all of your cards? You may be going over your utilization ratio (typically anything over 30% will deal I your credit score down) of your credit limits are too low.

I have actively tried to keep the limit low, as I don’t need even halve my current limit, so maybe this is the problem.

I like the limit to be low as it limits the potential for damage if anyone gets hold of it and the bank doesn’t cover the loss. Possibly a needless concern though.

Update this post if you ever default on a loan. Otherwise, you are a good credit risk.

He may be a good credit risk. But he's not s profitsble customer (if I'm reading the post correctly.) If you pay credit cards off early each month and don't pay interest, your score will be horrible. Nobody wants to lend to someone why merely pays back the principal... all the profit is made off the interest and late fees.

My credit score was precisely 0 for many years. I didn't know until I went to buy a car. There was an incentive to get a spoiler and leather seat upgrade if I financed. But, the finance guy st the dealership said I didn't qualify due to a credit score of 0. Shook my head st the absurdity of this. Wrote a check and paid in full. Didn't get the free spoiler and seats. Insane that I can pay for a new car cash, yet don't qualify to finance it.

> If you pay credit cards off early each month and don't pay interest, your score will be horrible.

I have paid no credit card interest for many, many years. I paid a few dollars once many years back after paying a large income tax bill.

My credit scores are quite good.

The issuing bank is still making money on the fees to merchants. That’s more than enough to cover the cash back they pay me. I’m not the most profitable customer probably, but I am still profitable for them.

Can you provide a citation for your claims? I've never paid credit card interest in my life and have more than an 800 credit score. Mortgage rate is low as hell and the highest rate I've paid for a car is 1.9%.

This is false. Paying my credit card on time for several years boosted my score by a ton. It took my score from 0 to 700s in about two years after opening my first card, then two more, then increasing my credit limits on all of them and load balancing my expenses to keep under the 30% utilization rate. As a business owner, a good credit score is worth its weight in gold.

The honest don't like being treated like thieves.