Re:FICO to incorporate buy-now-pay-later loans into credit s...
by crazygringo on Tuesday June 24, 2025 @12:44PM
(#44368130)
> If you expect two emergencies
Emergencies are unexpected.
And a lot of people simply don't have the money to build up that kind of fund. To suggest that they "should" is to be pretty out-of-touch with the realities of a lot of people. Sometimes they need to rely on credit, because there aren't any alternatives. So that credit becomes a lifeline, a good thing.
Emergencies are unexpected.
And a lot of people simply don't have the money to build up that kind of fund. To suggest that they "should" is to be pretty out-of-touch with the realities of a lot of people. Sometimes they need to rely on credit, because there aren't any alternatives. So that credit becomes a lifeline, a good thing.