LogFAQs > #970775259

I fully understand the point of credit scores. My biggest issue with them is how fickle they are and how they're designed and used.
I love financial risk theory more than most people here, I'd argue. But that doesn't mean I have to approve of the realities of the practices.

As it stands, older people with more wealth tend to benefit. Higher interest rates penalize people for the sole reason that they don't have decades of proving their wealth or worth.