• fine_sandy_bottom
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    10 months ago

    I can’t speak for anywhere else but credit scores are more or less bullshit in Australia.

    As in, of course if you have outstanding bills or a legal claim against you no one gonna lend you money. You don’t need a score to tell you that.

    Similarly, if you’ve got enough money for repayments banks want to lend you money.

    Anything in-between is about specific problems. An unpaid bill, not enough income, whatever.

    The actual credit score isn’t important. It’s more like marketing - get a credit card to improve your score.

    • Heavybell@lemmy.world
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      10 months ago

      Also in Australia, no idea what my credit score is. I admit I am unusually lucky, tho. Have only had one loan in my life, with which I bought my first real car over a decade ago.