Maybe the data is wrong? I took out a few loans over the years with strange comments from the lenders like "You don't have much credit history", but since it didn't impact anything I didn't think much of it. Somewhere down the line a lender was like "I don't think this is you". Turns out that it wasn't.
It was actually more difficult to have them removed than you’d expect. I’m sure it is by design. You could start the process only after signing up for an online account, but the actual request needed to be made via fax.
Credit history is massively over-sold as being impactful by the kind of idiots who live payment to payment.
It was fine, I paid it off quickly.
The fact that you don’t know this suggests you probably don’t know a lot about how loans work.
I bet they sent you a letter telling you it was your lack of credit history. You didn’t find one of the many credit providers and have them fight to give you the best rate?
Credit is an extremely elementary thing to grok in a day or so
I also didn't expect $15k-$30k in the jump from "not reliable" to "reliable" cars from somebody worried about a 20% interest rate over a long period of time. I have no idea what their background is, but even at today's prices you can do much better than that.
Well, spring forward to me starting a pretty good career as a software developer and wanting to get my first reliable car. I had no credit history and ended up with a 19% APR. That really, really sucked.
It's been 10 years since then and I still get dinged for not having "enough" credit history despite having a couple car loans and several credit cards that I rotate bills on. The whole system feels like it's designed to punish anyone who doesn't fit into the role of a perfect consumer.