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A comment on How One Couple Climbed Out of Debt and Became Millionaires in Their 30s. Parent comment

Re:How One Couple Climbed Out of Debt and Became Millionaire... by wmat on Wednesday June 03, 2015 @09:46PM (#9656980)
None of those things you list are credit based. A credit rating is determined by your ability to repay debts, such as credit cards, mortgages, etc. If you never have those, how can you have a credit rating.

http://www.myfico.com/crediteducation/whatsinyourscore.aspx

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Re:How One Couple Climbed Out of Debt and Became Millionaire... by spiritplumber on Wednesday June 03, 2015 @10:03PM (#9657024)
Then the problem is in the model. A credit rating is supposed to index your financial stability. I'm obviously stable enough to not have debts, but my credit score does not reflect this.

The bank guy I explained this to got physically agitated.

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Re:How One Couple Climbed Out of Debt and Became Millionaire... by nimblegorilla on Thursday June 04, 2015 @12:30AM (#9657459)
It doesn't really index your financial stability. It indexes your history of paying bills on time. People in debt that make regular payments are much better customers than people that don't need to use debt.
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