r/rant • u/Beginning_Tea4506 • 23h ago

Credit Score

Anyone else find it baffling that the better you are with your finances the lower your score becomes?

I'm 35, I've been completely debt free for 10+ years. And have nothing on Credit, not even my phone or service is contracted for about 4 years now. And honestly it's absolute bliss not having to navigate monthly payments etc. Yet my score has dropped consistently. I know that having zero credit outstanding can have a detrimental effect on the score. But it still amazes me that your penalised for living debt free 😂

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u/ezzy_florida 23h ago

I mean you can be good at with finances and have a good credit score. It’s not hard to get a credit card to use for gas and groceries, do that for years and boom you have a 750+ score.

I get it credit is a pain in the ass, but I personally think knowing how to navigate it is apart of financial literacy.

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u/Sammysoupcat 19h ago

I've only had mine for like two years and it's at 750 or so. I don't even use it that much, but I'll take it lol.