Quote:
Originally Posted by amzbimmer
That's actually funny because it's true- in USA Credit>>money.
Makes you wonder why. The creditors don't make proper money off us that pay in cash, they much prefer financing and leases. Middle men such as mortgage brokers, banks and car dealerships rely on this to make profit.
They aren't really selling you the car or house, they are selling you the loan.
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Exactly! And if you’re one of the privileged who has visibility on how credit really works you’d see what a giant scam it is with one goal-keep those scores low so you charge interest rates that would make a shylock feel guilty.
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