My credit score dropped when I paid off my car.
My credit score dropped when I paid off my student loans.
Credit reporting agencies told me: "You should get more loans to increase your credit score."
The system punishes you for not owing them money.
They want you to be in debt.
Credit scoring is one of the biggest scams.
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Wisely, in Luxembourg, the government do not allow credit scumbags like Equifax and the rest to keep records on ordinary citizens - it's against the law here! If you fail to make a payment of money you owe, that fact is recorded by the Luxembourg Central Bank and you will not be allowed credit until you have satisfied the debt. Any other agency holding such information is committing a criminal offence!
