1653
The numbers will determine your fate
(lemmy.world)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 15 Feb 2024
1653 points (98.8% liked)
Microblog Memes
5778 readers
765 users here now
A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.
Created as an evolution of White People Twitter and other tweet-capture subreddits.
Rules:
- Please put at least one word relevant to the post in the post title.
- Be nice.
- No advertising, brand promotion or guerilla marketing.
- Posters are encouraged to link to the toot or tweet etc in the description of posts.
Related communities:
founded 1 year ago
MODERATORS
O wow, strange system. So you are basically encouraged to sign up for a service that you won't use?
Its a bit of gaming the system, but I see the logic in it.
Since self control is an important part of repaying debts, having a card (line of credit) that you could use, but don't, indicates you have a level of self control. There are people that, given any amount of credit line, will immediately run the debt up to the limit.
The measure of a person having a line of credit and not using it indicates to lenders you do have that level of self control. This isn't the only input used in a lending decision, but I can see the value of it when we're trying to determine one small test applied to general large populations.